Budlight, I'll let you know when or if I think OMKT is a buy again but, of course, that would only be my opinion. I set my charting parameters fairly conservatively; they tend to be slow, responding with buys and sells AFTER the fact, but they help me catch a good portion of a move and avoid protracted declines. And charts are only one part of my decision process, albeit an important part.
I also get sucked in occasionally, as with IONN, with a "false" signal or one that fakes up and then turns down. Doesn't happen very often and usually not for much of a loss, however. (I'm still holding all my IONN shares, btw.)
So far today, for example, I've decided to add more ADAP and A (Agilent) partly because of chart movements, fundamentals, and overall market tone.
JNIC...I added a bunch more at 26 late last week. I think it's in good shape as long as it holds the 25-26 range and I am looking for much higher prices in the coming days and weeks (perhaps to the 40-50 area).
FNSR...I think this one's bottomed and has a terrific chance of continuing up to at least 30. Check out the link posted by Richard Buskey.
Do your own research; good luck!--Mark-- |