SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Thompson who wrote (46559)6/26/1999 6:18:00 PM
From: Jenna  Read Replies (1) of 120523
 
Long Uptrends that suddenly get snuffed....

Bob, I noticed that even the best stocks just stop their uptrend eventually. I have shown on the thread that BEBE, CHCS, YUM, and now TAGS have just stopped their huge uptrends. That is why I posted that any unusual change of price pattern in a previously strongly uptrending stock should be looked upon with suspicion. You can't tell the difference right away from a natural correction within the price patterns of the stock, that is impossible. It is only when the downtrend is a bit longer and stock falls below support that your suspicions can be justified.

Here is that post:

techstocks.com
As a long term holder of BEBE, YUM, CHCS and TAGS, I have exited all these positions when the downtrend became more than just a natural correction. The good part though is that there is always another stock to take its place (i.e. DEBS, etc) and eventually like American Spirit pointed out, the original stock that strayed from its path will have corrected enough for a nice analyst upgrade, a fat profit, and new gains. But only stops at about 5-7% (I raise my stops for stocks that have given me over 50% profits).. will get you out on time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News