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positiontrader

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positiontrader

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Re: was Steve post# 5463

Monday, 01/12/2004 12:19:54 PM

Monday, January 12, 2004 12:19:54 PM

Post# of 37180
Steve,

After sitting in cash during the recent uptrend ,I may not be the best to give advice but I still think that when we trend two day higher in overbought(slow stochs at or > 80 )I would say only go long or stay in cash.Unless you really expect a trend change to occur or we go out of the upper band for 4 days.I need to heed my on advice
Regards

Marc

Take calculated risks

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