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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (5654)3/1/2005 11:11:43 AM
From: Walkingshadow  Read Replies (3) of 8752
 
Thanks Reid.

Looking at the longer term chart, I think I wouldn't anticipate the buy signal. Maybe I'm too conservative, but I would rather wait until RIMM makes its intentions clear with a stochastic crossover. It is close to a buy signal as you pointed out, but it looks to me like this one could get significantly more oversold before it moves.

139.142.147.218

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