Rande Is . . . HOME Message Board

STOCKTALK

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 : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: darline cook who wrote (11013)	8/19/1999 10:51:00 AM
From: Kevin Shea	Read Replies (1) of 57584

Darlene .... if I might respond... on ATHM ... any long transaction at this time would be trading against the current trend... i.e. the weekly and daily trends (using moving average MA) are both pointing down....in conditions such as this (for any stock) you should be considering your short transaction as a trade.....Now, the TA is beginning to show some bullishness, but not overtly....could ATHM retest the mid 30's, possibly.... All in all, it's up to you... buy and hold long (even if it drops), buy and get stopped out and reenter at a different (lower?) price, wait for the trends to turn positive and buy then....what type of investor are you and which of these fits your model ... lastly, never fall in love with a stock!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next