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Replies to #21406 on lowtrade
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Picassa

04/12/11 5:36 PM

#21408 RE: lowtrade #21406

Lowtrade, now it's ok to go in VGZ ?

My DD say Fundamental value = 5.65$

But Chart rule as you know......

What you think ?
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PlanTrader

04/12/11 5:38 PM

#21409 RE: lowtrade #21406

low, hahaha! I hear you! I think I'm migrating towards, when opting to purely trade chart patterns, I'll just go to finviz and check the "% float short", "% institution owned" and "earnings date".

I don't think I'd opt out of a trade based on % institution owned, but I might opt out if the % float short is too high or if the earnings date is occurring during that week so I don't get whiplashed by an earnings disappointment.

How's that, sound like a reasonable quick check of very basic info when trading TA & charts?