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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Sharck who wrote (34507)9/12/2000 12:29:52 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
I was buying the breakouts on Fuel Cells this morning. . .I was already up sharply on the sector from yesterday. . .and figured we'd see several days of momentum in these. . . . . .but at this point, even today's buys are in the money.

With momentum moves, the sector may take a sudden jump and some of the laggers may pop later. . .while the early poppers sell off. Fuel Cells haven't done that. . . instead nearly every stock in the sector has broken out and continue to trade near top while making new HODs.

Meanwhile, all of yesterday's losses were erased and I am nicely up on the day. . .even having made quite a number of trades.

I'd have to declare our Margin Liquidation Squeeze study a complete success.

Rande Is