Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 683.21

+0.2%

4:00 PM EST

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To: Dr. Stoxx who wrote (3214)	2/22/1999 7:05:00 PM
From: Ken Adams	Read Replies (1) of 39683

TC, PCMS gave up a little toward the close. I couldn't watch the open this morning, but sure wish I could. I got in at 7-0 on growing strength. I've done something I always told myself (and others) not to ever do. I averaged down. Didn't double up on my previous buy, but I'm now looking at 8-3/16 as my average buy in cost. If this thing picks up here, I could turn this losing trade into a nice % gain. I sure like OBV in here. Remained strong all through the recent selloff. We'll see! Ken PS. FRNT put in a new 52 week high again today. All indicators looking positive here. Hang on!

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