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Technology Stocks : Full Disclosure Trading

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To: Gottfried who wrote (388)5/1/2002 9:46:48 AM
From: Return to Sender  Read Replies (1) of 13403
 
You could try using short term prices like you suggested in combination with the trading trends of the indexes. As I said last night the short term trend on the SOX seems to have turned higher. Hence even the downgrade of AMAT today is not putting much pressure on the stock.

The ISM numbers will be out soon and if they are close to the expected 55 then it should be off to the races.

So maybe use historical prices and short term charts to determine buy and sell points for ST trades? I know others who use the last days highs and lows as entry and exit point ideals but that may be too rigid an approach.

RtS
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