YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: OldHack who wrote (5921)	11/18/2004 6:53:24 PM
From: Sergio H	Read Replies (1) of 23958

OH, I like to use TA for good entry points but I always check out the fundamentals on stocks that I invest in. After I establish an entry point and build my core position, I'll trade when I think there's an opportunity. I'm just an amateur on technicals and don't want to give anyone any other impression. It's Ken's TA that's worth heeding. Regarding CNR, I haven't really looked at the fundamentals, but the chart has a recent double top, which is a bearish formation. I think that energy related stocks are due for another short spike, maybe even tomorrow. CNR might get some tailwind, but I did want to alert you to the double top. The AMEX Composite has been running up nicely while going almost unnoticed. I've been very bullish on MRY. There's a nice cup formation and the fundies aint bad. I'll post on the fundamentals, time permitting. Sergio

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