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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (348)11/11/2004 12:46:46 PM
From: tonywyatt  Read Replies (1) of 13449
 
What would be your strategy for ae if you were trading. I got my fill yesterday at 16.50 and I'm up a dollar or so. Looking at the chart from a short trading standpoint I would think sell now, its overbought and will pull back. From the fundamental investor long term standpoint I'm thinking, this might pull back some but will probably run into the 20s over the next few months. "Fundamentals, while important, DO NOT help the investor or trader assess risk and timing issues in the HERE and NOW". Knowing the fundamentals help me feel better about the stocks I am holding. I agree that they are not important on short term trade setups. Look at AE on the weekly as well. stockcharts.com[h,a]daclyiay[pd10,1!b20][vc60][iut!Lh14,3!Ll14]&pref=G
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