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eaglesurvivor

10/16/06 10:56 AM

#421 RE: ScovilleUnits #420

Scovillez: trying to hit tops and bottoms is one of the toughest of tasks. Following trends, including oversold and overbought, is significantly easier. Remember that the market is about perception; not real or actual value.
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jonesieatl

10/16/06 11:17 AM

#423 RE: ScovilleUnits #420

I hardly ever hit bottoms ...

... or tops, unless I just get "lucky" in a stock I've traded in and out of for months and months and have a good feel for it.

That being said, the chart gave a good buy signal 8-9 days ago, now we'll have to see what gets in the way, resistance, someone dumping, who knows ... or maybe nothing at all :)

JMHO -jonesie