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Strategies & Market Trends : LastShadow's Position Trading

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To: Daveyk who wrote (35303)5/18/2000 5:08:00 PM
From: LastShadow  Read Replies (1) of 43080
 
Both look a bit scary. BELW doesn't have enough volume for me to be comfortable talking about - I generally try to stick with 500k shares average or better. It looks overbought as well. If I was holding that in this market I would be selling tomorrow for sure.

TLGD is a different story - huge range on that one - from 90 to 30 and back to 70ish. MACD is still strong, as is the Chaikin Money Flow - but I think I would try to get it in the high 60's and be nimble about exiting.

ls
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