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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?

To: J.Y. Wang who wrote (1972)8/11/1999 1:56:00 PM
From: Fundamentls  Respond to of 2514
 
Why not box? Great stocks don't go straight up, POSs don't go straight down (until near the end, anyway). Up until recently CUST has obeyed its technical signals pretty well, and boxing has let me make more money than just shorting (about 30% more). Why look a gift horse in the mouth?

But once the stock really starts to break, the technicals become meaningless. That's starting to happen with CUST now. Nobody's buying anymore, so "oversold" means squat.


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