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

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To: James Strauss who wrote (926)4/24/1998 11:22:00 AM
From: Coz  Read Replies (3) of 13094
 
CAND

I just sold all my shares at the low of the day after buying them at the absolute high of this cycle, so GOOD NEWS... the stock should skyrocket now!

I am reminded of a program at A.G. Edwards years ago where they would offer their clients stocks that rose to the top of both the TA lists and the FA lists. Every single one of these stocks tanked. As I recall, CAND was just such a stock. Is there a lesson to be learned here?

Excuse me for venting, but why couldn't they just change their name to CAND.COM and say they are not losing money as fast as they usually do? That seems to be the way to get a stock to move higher these days!

Good trading to you all

Cos.
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