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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: robert a belfer who wrote (13422)6/8/2009 10:47:57 AM
From: chowder  Read Replies (3) of 13449
 
RAD? Wow! I haven't looked at that one in a long time. I had no idea it got down to 20 cents.

When the bad news came out in Lehman and the banks, and the market crashed, I changed tactics. I started looking for yields in the S&P 500 companies and planned on holding longer term.

RAD has had a terrific run off the bottom. I think if price can pull back to around the $1.20 range, it might be a buy for the short term, provided it can set up a 3-5 bar reversal pattern.

That strategy is explained here:

Message 20766476
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