Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: 0o0o0o0o who wrote (2624)	3/6/2005 8:37:48 PM
From: chowder	Read Replies (1) of 13449

Welcome aboard Double O. I can see why the TKLC chart is appealing to some. There are those who like to "anticipate" where a price may turn and a long term price support level is as good as any. There are as many strategies to buy and sell stocks as there are personalities. Some styles are aggressive, others conservative. So that there isn't any misunderstanding for those who read this message board, a long term buy on TKLC, at this point, based on technical analysis alone is an aggressive strategy. And it may work too. I won't dispute that. My analysis is based on a more conservative approach. I prefer to see some confirmation that a bottom is in and I would prefer to see that confirmation in the form of a base. We can both have the correct strategy but our entries may provide you with a larger gain than me if we are right. However, if we are wrong, I will have a smaller loss if we put money management strategies aside for the moment. I hope the trade works out for you. I'll keep an eye on it and cheer you on. Monthly chart: stockcharts.com[h,a]maclyiay[pb50!b10!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum

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