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

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To: Magnatizer who wrote (7645)4/20/1998 5:18:00 PM
From: Chris  Read Replies (1) of 42787
 
apco did the 21 day ema bounce couple days ago and today reattack the old highs. that is the pattern right now. i was at first fooled by apco because i've always used the 9 day ema as my sell. well, it fooled me by passing through the 9 day ema, touching the 21 day ema and then zooming up again.

well, i soon realized this pattern. couple lessons i've learned just from tracking apco (i have/had no position):

1) looking at past history works. but sometimes the stock can change "personalities" on you. you will be stumped a couple times until you see the new "look". ie for apco: instead of using 9 day ema sell, use the 21 day ema sell instead.

2) clear case of being nimble and learning "what went wrong?". and applying what you've learned.

congrats on your apco investment.

Chris
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