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Replies to #252 on Tasty Booshers
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Estimated_Prophet

09/28/04 11:28 PM

#253 RE: bman #252

bman~I try not to time or play bottom reversal stocks. Never had much luck with it. I do see some interesting things on it. It has a parabolic decline on the weekly, so the snapback could be substantial. Probably will stall right around here, and then maybe make another run. Basically, not my type of play though. 90% of what I play needs to be in an uptrend or sideways trend at the very least. IMDS was a bottom play, but if you notice, it had a much better consolidation, weekly downtrend break to upside, with lots of room before hitting 13 and 50 day moving averages.