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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (63329)10/16/2006 8:41:57 PM
From: Canuck Dave  Read Replies (1) of 312908
 
True, but as TSL points out, the MACD has rolled up.

Volume is representing net buying instead of selling (or thrashing). Small volume on a thin stock like CKG can move the price a long way.

Got to suspend the normal risk parameters to hold a big position in CKG, but you've also got to be willing to do the wrong thing at the right time.

Just make sure it's the right time! Going to check on balance volume as well.

CD
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