Technical Analysis With Charts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis With Charts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pcyhuang who wrote (4173)	2/16/2007 1:12:20 AM
From: The Ox	Read Replies (1) of 6865

In case you didn't notice, pcy, this is a TA thread. The TA on SCT is still pointing down, IMO. There is absolutely no reason to be bullish on SCT while it continues to be in a down trend. stockcharts.com If the stock is such a great bargain, then having a little patience and waiting for the stock to bottom and turn up won't be that big a deal. On the other hand, riding a stock down, simply because the FA says its a good buy is NOT what this thread is all about. In fact, its the exact opposite of what is trying to be achieved on this thread. I wish you all the best in your SCT trade but I wouldn't touch SCT with a ten foot pole until the trend reverses. One day's move of 20 cents is not a trend reversal. I say keep SCT on the watch list but I wouldn't start my position at this stage. Let us see a real reversal or at least a sideways move to indicate a bottom is on its way. Just my 2 cents worth.... TO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next