to all: just added WWW below 16., with close stop, as another depressed "PSYCLE sm" potential trade, for a bounce towards resistance around the gap around 20. ? we shall see....as you know, I am a VG technician, and recent V.S.T. double-bottom in WWW intriguing... we always buy only near lows into weakness, and you have seen how well
I have done, since 1/97, but I digress. Just wanted to share my timing with y'all, and best wishes, and I will be in touch further as necessary....I only do L.T., in-the-money calls on a stock like this, diversified, etc.
P.S. I also use significant psychological/sentiment indicators, like, for instance, how when you started this thread, summer 1997, analysts were too bullish, saying, "WWW running on all cylinders", at $ 30., which, as I teach my NL subscribers, they always say near tops, dig ? At bottoms, those same people are scared/negative, right ? I am happy to teach my timing concepts to anyone interested....be well... |
