Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: 7 Years	3/28/2007 9:17:23 PM
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Dabum Still following your board, hard to keep up, but learning lots. Looked at LAM.TO two days ago. It appeared to have gone through that downturn we had and is moving up. Checked the weekly chart and saw there was no overhead to contend with and determined that if the price settled over 14.25 that it would be a buy signal. Following my basic planning, I bought in at 15.07, as close as I could get, work gets in the way. My only thought is that the price is far outpacing the MAs and the Bollinger Bands. I don't think there is anything to be concerned about, but what would your take on the differential between the price and the MAs and BBs. Here is the Chart. Regards Ernest

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