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Strategies & Market Trends : SEASONALITY STOCK REPORTS

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From: kgoodrich8/16/2007 10:57:21 PM
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When do you look to enter a seasonal?
I would think before the season begins you need to see how it is acting. This one loves Sept and into early winter. It was a Quicksand long term stock with no support but was considered green to go. It became an authorized Red Ready stock with a well developed Fairy Square suggesting reversal and a confirmed Magic Box and great short term support. Now, when I look closer at the intraday, I see the early warning indicators screaming buy, buy, buy at 1:00pm and the Bull Raid confirming around 2:00pm. Then, suddenly, there shot up the big move around 3:00pm. It was so getable. This stock was waving for attention for several days.



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