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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Smiling Bob who wrote (31484)7/11/2002 12:29:24 PM
From: id  Read Replies (1) of 59879
 
SLGLF--scott, a trending stock can stay overbought a long time--indeed, the biggest moves often happen precisely when it is overbought. thus, imho, if one wishes to participate in these large moves fully, one needs more criteria for exiting than 'overbought' status. on the other hand, you made a nice profit and protected it--nothing wrong with that--congrats. SLGLF now at .59
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