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Strategies & Market Trends : Angels of Alchemy

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To: hotlinktuna who wrote (4615)7/6/2000 5:04:38 PM
From: BarbaraT  Read Replies (2) of 24256
 
Well, it came off the highs at the close. I find that when some of these are strong, it's not so bad to "chase" a bit ... the market was down and CKCM was up more than a point and holding, so I gave it a shot. Someone I know who is a very successful day trader told me to always buy the strong stocks in a weak market as they usually will run higher. So I gave it a shot. Have no idea what tomorrow will bring, but will watch it. Think that this has more upside, but there could be profit taking tomorrow before it resumes. I wouldn't chase it now, but keep a watch out. Good luck whatever you do.
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