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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (20416)3/27/1999 4:46:00 AM
From: Jorj X Mckie  Read Replies (1) of 90042
 
In that case, as long as the market holds up, it looks like a perfect entry point right now for CUST. Had a nice run up to $19.5 off of a double top buy signal and then retraced down to that double top at $14.5. I personally would set a stop at $12, which would be a break of the double bottom support.

And of course, since it has negative earnings, it is guaranteed to go through the roof:-)
JXM

P&F indicators for market internals continue to weaken though, so it wouldn't be for the faint of heart.
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