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Frank Pembleton

07/24/03 10:21 PM

#425 RE: KastelCo #424

Kastel, just be careful with the SAR indicator-- Jeff (Mr. AV/DB) has a term called pierce and sucker ... you'll be suckered into selling (if the bottom is taken out) if you disregard the OBV-- a piercing with a rising OBV is a screaming buying opp -- vice versa of course.

About the DROOY chart-- everything that's bad about this stock was already factored in since last April-- don't forget that stocks look ahead about 6 months into the future. Odly enuff, the futures market is about the present day supply/demand issues and not about tomorrow.

ha ha ha...

About Thunder-- I kept hearing that stupid AC/DC song in my head whenever I watched it trade-- it had to go. And besides, the next time I buy it; it'll be for more money than I sold it because it'll already be entrenched in an upward secular trend.

Check this out -- simple yet effective T/A