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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: im a survivor who wrote (596)	5/11/2001 11:11:00 AM
From: AugustWest	Read Replies (1) of 1063

Hi KG, want another's FWIW? Looking at it quickly, it appears it likes to bounce down from when it pierces it's BBs(which it has done this morning). With out knowing the fundies of it or what it has going on, I would be hesitant to go long(unless like I said there is some underlying reason for it to move higher). Not sure I would short it at this point though either. There. How's that for an unsolicited opinion? Oh the candles on it look like it wants to go higher as well, and MACD is plugging along too. weekly and monthly charts look "not bad" either for a reversal. Could do 30 easily if there is a story to go along with it.

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