Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bosco who wrote (2292)	11/17/1997 10:15:00 AM
From: PuddleGlum	Read Replies (1) of 37387

Bosco- Since both you and I suffer from a fatal attraction to falling knives I thought I should share some of my recent findings with you. I've been studying weekly charts, especially with respect to 39 week moving averages and RSI confirmation. Very often a stock will rise above its 39WMA only to settle back below it for awhile. But the second time it moves above the MA (assuming the MA is rising at this time) you will often find a huge appreciation over the next 6-12 months. RSI should be used for confirmation. I haven't done extensive back testing of these ideas, and certainly I've left out some details, but my affliction of falling knife disease has been eased by these findings. Just for grins, watch GEMS and FORE on the weekly charts. They look golden to me. I placed orders yesterday for both of them, and ASYT and ETEC as well, but it looks like they won't get filled. BTW, don't let go of your RATL if you have any. This one is going places. Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next