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Non-Tech : The Critical Investing Workshop

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To: CAtechTrader who wrote (29464)8/18/2000 12:44:18 PM
From: Clappy  Read Replies (1) of 35685
 
Hi CATT,

I like GBLX also, as a long term investment.

I've been studying TA, lately to help me with my trading.

Here is GBLX's chart:
stockcharts.com[L,A]DACLYYMY[PB50!B200!D20,2!A35!C20][VC60][IUH14,3,3!LK14!LL14!LA12,26,9!LD20!LB14]

I'm wondering what do you look for to indicate a buy in GBLX'x case.
Many of the technical indicators aren't calling for a BUY.

It may have just broken out above some resistance around 32.
But other than the short period of time it recently floated around the 30 range, not much of a base was formed.

I'm not second guessing your call.
I'm merely trying to understand how you came upon a buy signal.
Thanks for helping me learn.

-Clappy

P.S. When use use the word "We" are you talking about an investment group you are in, or are you referring to you and your family?

P.P.S I'm still banging my head for not buying EXTR...
A dip like today's may be a good time to buy...
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