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Strategies & Market Trends : Classic TA Workplace

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To: IHateSourCream who wrote (126059)11/15/2005 10:30:08 AM
From: Henry J Costanzo  Read Replies (1) of 209892
 
HI, IH...

CPST.....Last we talked about this, think I said something about a stop at the late Sept low...around 3.37.......I did not enter that,,,,,figuring that since we had some pretty good looking MA lines......and since my position not all that large....might as well wait for possible rebound from any fall below that 3.37 level.

The positive 200d MA seems to have kicked in as strong support........and we now have a rebound, accompanied by volume surge.

Example of patience ??.....or "good things come to he who waits"....or just dumb luck....LOL

stockcharts.com[m,a]dahlyiay[dc][pb50!b200][vc60]&pref=
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