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Non-Tech : PSUN A new breakout at $30+!

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To: Toby Zidle who wrote (1192)6/9/1999 11:43:00 PM
From: Duane L. Olson  Read Replies (1) of 1622
 
Toby...Right you are....Lagging as they must do, the charts give only a historical perspective. But trends seems to take quite a while to complete. So there seems some value in determining where one is in the trend.
To get a more rapid indicator of the short cycles, I use the 30 minute or 60-minute charts:
beta.iqc.com
which does make the PSUN performance of late a bit more tolerable.
Not that one can run on the charts alone, but it helps... I've been running up with LTXX using the 60-minute charts, but with some pretty decent fundamentals to back it up....here is that series:
beta.iqc.com
Still no short-term deterioration, so I'm still in place, despite a 1000 percent runup.
Another example: Here's CYMI, on the short term chart, looking ready to break out, and I bought a bunch more today...
beta.iqc.com
Would you say we could use a pattern like that for our PSUN?...when I see something similar, I'll dump something else and load up all barrels. <gg>
How do you make your decisions on timing, if you don't mind sharing?
tso
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