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Strategies & Market Trends : Charts for Quick CASH $$$

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To: N/E PATSFAN who wrote (5134)11/20/1997 1:30:00 AM
From: Galirayo  Read Replies (2) of 9262
 
Hi, NEPF.

I did a quick look on the ones you listed.

I'm a weird guy. I just can't play em with a down 50DMA. Unless it's almost flat. It'll take a long time to turn a 50DMA from Down to Up.

If you ask me about a stock and the 50DMA is downward moving (like WSTL). It's an ENnnnnnnnhhhh!!

Wave #3 is a Big Lasting Wave and the 50DMA is almost always up or turning. I love a wave 3.

Check out the Wave here on PLT. I wish I knew if it has just fininshed wave 3 or 5. It started near 5/21.

Ray
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