[ Softnet Systems: SOF ]
Dave, are you in short-selling mode? How about catching a swing in SOF? I'm plugging away at an indicator that seems to be able to pick extreme price points on issues that experience extreme run-ups, particularly when the readings are combined with Candlestick Analysis, Bollinger Bands, Stochastics, and short term Momentum theory. Examples of recent issues caught at their price peaks: KTEL, PNLK, SNRS, SPAZ, VISX, and LCAV.
Currently, the configuration looks good for SOF, though the broad market decline has made the reading a bit more fuzzy, as I do not know if the decline was issue-specific or market-related, or both. This fuzziness is something to take note of.
So much for trading with the trend. I'm bored again, so I'm in an expansion mode for new techniques.
Regards,
Rainier |
