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: CommanderCricket who wrote (2829)	3/16/2005 9:19:49 PM
From: CommanderCricket	Read Replies (2) of 13449

For KCS, I like the fundalementals and the fact it's approaching support (has not broken it's long trend up). Held 50 dma today. Would never have made the trade based on the daily only, however... stockcharts.com[h,a]wacayiay[pb13!b20!b50!i!d10,1!b200!b100!f][vc60][iUb14!Lf!Lc20]&pref=G The weekly also shows strong support at KCS 13wma. I also like continuous CMF over the last 6 months. stockcharts.com[h,a]wacayiay[pb13!b20!b50!i!d10,1!b200!b100!f][vc60][iUb14!Lf!Lc20]&pref=G Why short a stock in an uptrend, boucing off of support, with strong fundalmentals in a leading market segment (E&P's). Did I miss a day of class? Risk versus reward? Seems very dangerous to me Michael

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