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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (352)11/11/2004 3:28:57 PM
From: profile_14  Read Replies (1) of 13449
 
Not arguing with your logic. Just trying to explore. A narrowing of the BB also tells me that a move is about to occur. Also, I note on a longer term chart that the stock has not been able to break the recent high of just over 56 despite testing the 55.40 area about 5 times and failing over the last week or so. The trading range is also becoming very tight, which tells me there is a fight between sellers and buyers. Which way does it break? I don't know. I am just trying to anticipate a move. The Dow has rallied from 9750 to 10482 without a breather, and AAPL has moved nicely. So have a number of other stocks. At what point does greed set in? Thanks for the thoughts.
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