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: JHR who wrote (5730)	10/7/2005 11:18:22 AM
From: chowder	Read Replies (3) of 13449

There is still a lot of technical damage in the stocks you mentioned. In fact, a decent stop would have price dropping below the 50 day moving average on those stocks before triggering. Although the 50 day moving average held on those stocks, they still have gaps that should provide resistance. If a rising tide lifts all boats, a declining tide will leave those same boats grounded. The rally should be good for a day or two and then another analysis is due. dabum

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