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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: chowder who wrote (2618)3/6/2005 1:47:46 PM
From: 0o0o0o0o  Read Replies (2) of 13449
 
FA is used to pick out the stocks that can be a good long or a good short from it's present position. TA is used to maximize the chances of getting the best possible price for the decision made concerning going long or short. That being said, after reviewing TKLC and relying only on TA. IMHO, I think the timing to go long would be a prudent thing to do at this point. The reason for my OPINION is the evident touching of the lower trend line in an uptrends mode (monthly since 1994) while the MACD/ST has bottom out and ready to face up. Not only monthly charts but weekly, hourly, etc.. also. Also, the range is more than 3/4's through the triangle which signifies and major breakout is ready to occur. Since the MACD/ST bottom out nicely and is ready to point up in an uptrending mode, leads to ME be confident in PLACING MY OWN MONEY on a breakout which will occur upward and with force. I could'nt get a sweeter deal than this if I put the order in at this price. Nice find. My order is in for tomorrow. Thxs

DISCLAIMER:
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"MY OPINION ONLY AND SHOULD NOT BE USED FOR PERSONAL OR COMMERCIAL USE OR AS DUE DILIGENCE."
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