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 (2656)	1/17/1999 2:09:00 PM
From: Ken Adams	Read Replies (1) of 39683

TC, Yes, DRI is a long term hold for me. The kind I really hate. But, every time I would look at the long term weekly chart, I could persuade myself to "hang in". That was very hard to do back in October at 14.25, let me assure you. But, my position is small and I've always been told to believe the weekly chart when you trade the daily. Long term, OBV was always the final "convincer" as it's continued to build, putting in new highs following most dips. With luck (skill?) I hope to exit around 20 in the next few days. Ken

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