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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: Bob V9/8/2005 7:26:14 PM
   of 13449
 
50MA cross: EOD Report:

07-Sep XMSR Buy@ $34.90 08-Sep Close @ $35.07 Gain/Loss 0.49%
08-Sep MYL Buy@ $18.70 08-Sep Close @ $18.62 Gain/Loss -0.43%

On my watch list for tomorrow: SYMC

stockcharts.com[h,a]daclyiay[db][pb20!b50!f][vc60][iut!lp14,3,3]&pref=G

50MA cross: Stategy:
SET –UP: Stock moves above the 50ma.
ENTRY: Enter the next day if stock trades above previous days high. Enter any time after that if stock has not closed below the 50MA and breaks the high made the day it crossed the 50MA.
STOP: If stock closes below the 50 ma, set the stop at the LOD of the day it closed under the 50ma. If it trades below that point the next day sell.
EXIT: See post #4547
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