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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (18723)9/12/2002 11:05:21 AM
From: Louis V. Lambrecht  Read Replies (1) of 36161
 
Checked the long tails of yesterday. In my list, I had BGO, CDE, GLG and HL with a LOD about -20% and close to the lower BBand.
Most others rebounded on the 10 DMA.
It seems that we do the 3 steps dance again: 2 steps up, one step down.
I should put buy limits at 10DMA and forget about stop losses where many were caught. <g>
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