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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Doug R who wrote (3750)11/17/1997 5:08:00 AM
From: Dave H   of 4701
 
Hi Doug,

Thanks for writing; I haven't lost too much confidence, just quite disappointed after the last couple weeks since I know I made mistakes. But I know the key thing is not to lose confidence. I will need to examine carefully my buy/sell actions (as advised by ONeill) and hopefully learn from my mistakes. Since I am new to all this, mistakes are bound to be made, and luckily I found your group early enough so that my losses of the past weeks should be offset. ;)

Right now actually I am quite impressed with APCO and plan to open a position today. It has held up extremely well, been trading in a very tight range over the last couple weeks after making it's high, and is still very near the top of it's channel. it's technicals are still extremely strong too.
RECY happens to be my favorite all-around pick, because the fundamentals are so strong. It also hasn't lost it's technical strength. I think RECY could be a good choice right now too.

ABR has a 6.9% yield?? i have to check that out! ;)

Otherwise, I'll keep looking for new ones to contribute here.

-dave
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