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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (2897)	12/22/2004 9:46:52 PM
From: Walkingshadow	Read Replies (1) of 8752

Yes, I agree completely. I think we'll see the BBs expanding nicely now. Here's another gorgeous one: HLIT. I traded HLIT once already in late November when the stochastics dipped below the 20% line for about 6% profit I think, but as you can see that time we did not get decent "follow through" with positive MACD histograms. It looks more coiled to me now. I think this move will be better than the last, but that will require a nice surge of MACD histograms into positive territory. Note also that the volume is stronger now than in November. $8.75 looks well within reach, possibly a breakout after that. Do you agree? HLIT: 139.142.147.218 T

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