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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: uncle1 who wrote (4175)6/13/2005 12:07:25 PM
From: chowder  Read Replies (1) of 13449
 
I think WOOF is still in good shape whether the trade works out or not. Buying as a stock is breaking out of a consolidation phase is a good low risk, high probability trade. Since not every trade will be successful, looking for low risk trades becomes paramount. WOOF still has the potential to close strong and confirm a break out. And, if the trade doesn't work out, it doesn't take a lot of downside to confirm it. Therefore, you minimize losses. I think WOOF was a nice find.

stockcharts.com[h,a]daclyiay[d20050313,20050613][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G

I think FARO is in a great shorting position, right here, right now.

stockcharts.com[h,a]daclyiay[d20050313,20050613][pb200!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G

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