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Strategies & Market Trends : Classic TA Workplace

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To: cybersaavy who wrote (132087)4/24/2006 1:22:14 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
CRS...... <<...be an aggressive profit taker...>>

Any basis for that, cs, other than the "long bull run"...??

I note that current leg up from Feb still considerably shorter than "brother" run from 31 in Oct into year-end...(latter 78.7%, current run 53.6 % as of today's high). Equal length would take it to 138ish.. And if today's gap stays unfilled, that could be taken as an indication of an even higher target ahead.

Difficult question in these kinds of cases (similar to the TIE situation we discussed some months ago) is whether "aggressive profit taking" or "maximization of profits" should be the objective here......(Of course, personal style/preferences/etc. also have to enter the picture.....vbg)
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