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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (130959)	3/21/2006 10:41:51 AM
From: bcrafty	Read Replies (3) of 209892

Ray, I bought HLIT in January and sold in February for about a 5% gain. I sold because it wasn't able to break out of the consolidation it's been in for almost a year after that big gap down at the time. Compared to the optics which were catching fire earlier this year, HLIT looked like it couldn't get out of its rut, and I wanted to use that money to buy something else that was moving better. On the positive side I note that it still hasn't broken its lower trendline from the October advance, so I'm still watching it. If you don't mind, let me know when it breaks 6.47 and I might look for another entry.

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