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Re: Netman post# 16742

Sunday, 06/15/2008 8:28:00 PM

Sunday, June 15, 2008 8:28:00 PM

Post# of 19383
I guess I don't see when this particular trading strategy would be used. Perhaps when a stock is at a level and the trader wants to get in at the beginning of an upward swing, but they don't know when it is going to happen.

I would not use it for this stock right, was just wondering the thinking behind it. I figure the stock is in an upward swing right now, and it is pretty obvious.

But then again, nothing is predictable..