>>All my indicators, ADX, stoch., OBV, etc. are pointing down.
Barry,
"It is obvious to me a massive dose of Viagra is what's needed".
Now my "Box" strategy comments.....Re: long and short a stock.
I'm looking at CPU, and remembering the last time it fell to $6. Kicked myself ever since for not buying it then.
My thoughts on CPU are it could go lower, get bought out
by Gateway (rumor), etc. Since I don't know at this point
where it's going, wouldn't a "Box" make sense?
If it's going lower, you let the long position go, and
cover at a lower price (maby $5), where you "re-box"
If you caught the bottom in the 6's...and it consolidates
there before moving up, you cover your short and let your
long run. I can't see the downside to this strategy, but
I'm sure there is one, or everybody would be doing it, Right?<g>.
Please shoot this strategy down, I'm beginning
to actually think it could work<g>.
Have a great weekend.
Skane
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