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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (5220)	1/27/1998 4:08:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) of 42787

here is Judy's take on the 200 dma..on the Idea thread.. First bounce off the 200-day ema is usually reliable for strong stocks, after the bad news subside. Scalp it on the long side when buy volume returns. Second bounce off the 200-day ema is medium risk, often tradeable since institutions take time to distribute. Third or more rebounds off the 200-day ema ... only idiots take this risk What do you think of this idea about not trading if it bounces three or more rebounds....there is an idea around that this would show strength...

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