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Politics : High Tolerance Plasticity

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To: Gottfried who wrote (20124)	8/30/2003 9:01:05 PM
From: chowder	Read Replies (2) of 23153

Gottfried, Dynamite comes in small packages. The only real fundamental is earnings. If everything else is working, the stock will be under accumulation. Buying volume will tell you if the stock is in demand or not. Keep in mind, the strategy is one used for short term trading. In the near term, fundamentals don't have as much an impact as the technicals do. Now, IBD does have a fundamental reading on every stock. The stock's FA rating will determine how much patience I show a stock. If the fundamentals and the technicals are in synch, I'll hold on longer and suffer through a minor profit taking session. OPTV didn't have a good fundamental rating so, I took my profits very quickly. I'll buy it back if it breaks out to another new high. dabum

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