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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: ivan solotaroff who wrote (3527)10/2/1997 12:11:00 PM
From: Chris   of 42787
 
Ivan (encd),

I held this stock as well long time ago. I think it was my 2nd trade ever when i just started.

anyways, i looked at my charts. very bearish. looking at a bottom fish play. I would wait until encd decides to have some uptrend. i know from previous times, 30 was a good entry point for the bottom, but this time, it seems a bit more risky..

today's it's up 1%, but i would hold off. it's below the crucial 50 day MA, at least wait for encd to above that, and have 50 day slope upwards

hope it helps. all my opinoins<g>

good luck,

Chris
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