Replies to post #106 on PriceTeam

[PriceTeam]

Welcome y2kate! I may respond late tonight but more likely tomorrow.

I love writing about this stuff but will let it flow out naturally in its own time.

There is so much more to say! What I'm putting together is a complete "holistic" strategy. Every detail will be included in the final product. So whenever I post something, just assume it's a work in progress, and each piece will add to the next. If I ever feel like I'm there--this is the whole kit and kaboodle--I will label it as such.

Thanks for writing and I look forward to the dialog.

Ted

[PriceTeam]

Y2Kate: CREE and TXT. Both look like possibles based on ma's--know nothing about their fundamentals. CREE looks especially strong being above the 200, 50, and 20-day.

I'm expecting a move down into the 10-day low over the next few days. Let's give the market a chance to settle and then see if your stocks are still looking good.

Also, we are perhaps coming into a more difficult period of the market. We have major overhead resistance. Did you see my chart of the $VLE? Up 70 percent in 9 weeks and it's 350 points above the 50-day ma. It would seem a little consolidation is in order.

I'm anticipating a 20-week low in July, and that will likely provide a better entry point.

Not discouraging trading. Just want to have realistic expectations given the mess the market is recovering from. So buy when the signal is there, watch your stops, and collect profits soon and often until we get into a market that promises smooth sailing.

Ted