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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (549)4/14/1998 10:11:00 PM
From: Robert Ague  Read Replies (2) of 13094
 
David,

Most of the 13s posted seem to have already made a substantial move up before they are posted, ie +20% of greater. Is the rationale to buy them the next day, or wait a few days, waiting for a pullback to buy? I am quite familiar with TA, but am unclear on what the 13s list provides. Obviously, one could day trade as good as one could buy and hold for 6 mos with the same results. I guess it is how busy one wants to be. Anyone care for a quick TA refresher? SNRS is looking steady these last few days.

Rob
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