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Strategies & Market Trends : Three Amigos Stock Thread

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To: Cary C who wrote (4241)5/3/1998 1:43:00 PM
From: Magnatizer  Read Replies (2) of 29382
 
Cary

RE: PURW

Still love it as a long. A bit leary as a short term trader. Broke its ACT on 4/24 and has been setting lower lows and lower highs on the short term indicators I look at. Also the volume has not been as impressive as it was during the run a couple of weeks back. I think it is finding a trading range right now and once that is established I will feel more comfortable trading it by buying at the bottom of the range and selling at the top.

But the focus of this thread being more toward the long term horizon PURW is a very strong long term hold and would be a good idea to accumulate on dips. LOVE THIS STOCK

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ht
david
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