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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: scott ma who wrote (734)	11/2/1997 3:33:00 PM
From: GeneM	Read Replies (2) of 12617

Scott: a little more on RADAF: the 5 day MA has crossed below the 10 day MA; even though the 50 day MA is rising steadily, that, coupled with the lower volume, is definitely an indication of some slowing down. The time to have gone heavy on the stk. was in June [at around 4], caught the quick run up and sold half of the position [limiting your exposure]. That would have been my strategy for a day play; however, this stk. looks more like a position, short term, buy and hold. If the 50 day MA turns down, I would pull the plug and watch to get in on a correction. GeneM

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