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Strategies & Market Trends : Contrarian Investing
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To: MACD X who wrote (820)11/24/2006 7:36:24 PM
From: pcyhuang   of 4080
 
Vernon:

Thanks for posting the bullish and bearish version of the charts on CWTR.

I do agree that CWTR may have a point or two risk on the down side from here. But I think that the fundamentals
of the situation is too overwhelming to wait for the perfect moment. An appropriate tactic to build a position in CWTR, like the other picks, is to be ready for an average-down position after 5-10% down draft.

pcyhuang
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