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

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To: ViperChick Secret Agent 006.9 who wrote (13435)7/30/1998 10:32:00 AM
From: Chris  Read Replies (1) of 42787
 
ge still holding abv 50 day ema. so a good nab would be buy *near* 50 day ema with quick exit if it closes below it.

that is my definition of a "bottom fish" play -- but LOW risk.. and the return WILL be high since you're playing from the bottom.

Bottom fish is "playable", but look for the supports! Don't just bottom fish b/c you "Think" it's the bottom.

bottom fish works well at 50 and 200 day ema.. these moving averages are usually very strong.
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Notice INTC still holding abv 85.. that is good too.
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