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Re: stockstuck post# 5030

Monday, 12/18/2006 4:51:15 AM

Monday, December 18, 2006 4:51:15 AM

Post# of 7256
i believe,, but can be wrong a but a full 'bullish engulfing' technically has to have volume to back it up,, otherwise its a false start.

ie: tglo has huge vol,, or at least vol that beats thursdays vol,,, so lets suppose this was a big stock like GMKT 20.87(on the same scan) the vol is about =to thursday-------meaning if more vol comes in to support the price----bears should get worried. prsc at 25.45 (w/o dd) has good odds of squeezing....but i would watch prcs-- because i typoed the ticker,, and odds are other traders will too and 'run the stock. 1.97


i have no position in any othe the stocks listed

Benjamin Graham: "You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right"

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