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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 (29515)4/20/1999 12:51:00 AM
From: Oral Roberts  Read Replies (1) of 90042
 
Glenn,

I am not a TA expert, but remember Elder's book, "If you are trading a period, such as days you need to look at the longer term trend." Look at the trend on a weekly basis for stocks such as DELL, EMC, etc. They are rolling over and correcting. Then look at the day periods while they are making lower highs and lower lows. I love all of these stocks, and as a long term buyer, I don't think the entry is here yet, but I also don't think that you will be hurt as long as you are thinking long term.

What do you think?

Jeff
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