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Strategies & Market Trends : Tradervic's Trading System -- Ignore unavailable to you. Want to Upgrade?


To: Kerry who wrote (2)9/16/1999 1:31:00 AM
From: vc21  Read Replies (1) | Respond to of 19
 
Kerry,

I really like to look at large-cap (read liquid) stocks. In looking at ATYT however, I see that the stock really needs to trade around the 10 1/2 area for about half a day before one might say that the pummeling is done. The system was in a buy signal on 9/10/99 the day before the beating. Exogenous shocks like the one ATYT took are difficult for the system to pick up on especially in a situation of low volume like that of ATYT. In summary, 10 1/2 for about 1/2 a day is key.

- Vic