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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: hubris33 who wrote (8944)4/6/2006 8:05:37 AM
From: CommanderCricket  Read Replies (1) of 13449
 
hubris,

I've been trading SLW and it moves around alot. When taking a position, you've got to be ready for some gut wrenching moves and allow for wider stops.

Yesterday was an excellent example but if you also watch the commodity, you would've noticed Ag/Au dropped back after 10:00 am and so did the stock.

After lunch, Ag/Au started to rise and SLW gained momentum.

Have more faith in the 20/50dma railroad tracks.

CC
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