Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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To: Dr. Stoxx who wrote (2013)	10/21/1998 6:03:00 PM
From: Michael Berkel	Read Replies (1) of 39683

I would be nervous shorting NVLS now. The Momentum & Trend seem not too much in favour of shorts, IMHO. I believe we could retest the lows of UAL. Are you (still) short UAL? How does it look on the chart, or would you say AMR is a better pick? Please do me a favour and take a look at the chart of XON. There is a 5-6% growth and XON is still sporting high p/e. I know you are not looking at p/e numbers..so what story is the chart telling you here? Time to jump in AMX? Waiting for the Sell Signal from this thread. Thanks, Michael B.

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