Thursday, February 12, 2004 11:25:51 PM
XYNY & BSIC trading advice please...
Assuming these 2 stocks are poised for a move, and the 50% rule
is in effect, what is the best way to enter either trade?
Am I correct using the following...
XYNY
If XYNY breaks .14 intraday, buy at the break... stop at 5/10 ma?
If XYNY retreats to .10+, buy on uptick... stop at low?
If XYNY falls below 50%, ignore trade?
BSIC
If BSIC breaks Thurs intraday high, buy at the break... stop at 5/10 ma?
If BSIC retreats to .425+, buy on uptick... stop at low?
If BSIC falls below 50%, ignore trade?
Is BSIC a better bet because of the higher Stochastic reading?
TIA...
XYNY
BSIC
Assuming these 2 stocks are poised for a move, and the 50% rule
is in effect, what is the best way to enter either trade?
Am I correct using the following...
XYNY
If XYNY breaks .14 intraday, buy at the break... stop at 5/10 ma?
If XYNY retreats to .10+, buy on uptick... stop at low?
If XYNY falls below 50%, ignore trade?
BSIC
If BSIC breaks Thurs intraday high, buy at the break... stop at 5/10 ma?
If BSIC retreats to .425+, buy on uptick... stop at low?
If BSIC falls below 50%, ignore trade?
Is BSIC a better bet because of the higher Stochastic reading?
TIA...
XYNY
BSIC
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