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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: Bob V who wrote (4131)6/10/2005 11:04:03 AM
From: Ottrose  Read Replies (1) of 13449
 
Thanks for sharing....others know more, but I'm hesitant on both because the volumes are comparatively low...in the 15-20% of avg daily volume as of 11 am.

For me, the fact that XMSR just plunged thru its 200dma makes me hesitant as well--though take a close look at the price action in late February, and how it responded shortly after piercing that avg.

I'm watching ELOS for a volume pick-up during the day, since it has more technical support (at least to my mostly untrained eye)....
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