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

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To: bruin who wrote (7628)4/19/1998 4:59:00 PM
From: Chris  Read Replies (2) of 42787
 
wow shuo,

good picks on psix.. i had a weekly buy in jan 1998 when it was $6. now it's at $13.5

strong trend right now.. no weakeness insight prob. a tgt price of 15-18$

i would use the 9 day ema as exit signal on CLOSE. it has not broken the 9 day ema for the last few months since breakout.

i would also reduce position slightly right before earnings to avoid any "sell on news".. any big rally before earnings is worrisome, b/c everyone that has bought, has bought in ANTICIPATION of good news already.

reduce position.. dont sell 100%.. good luck!@!@!@
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