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Strategies & Market Trends : 123 Trends and Reversals -- Ignore unavailable to you. Want to Upgrade?


To: Ally who wrote (106)2/9/2001 8:00:40 PM
From: Michael Watkins  Respond to of 147
 
AGU - was distracted and didn't re-enter. However I see its been moving higher on very low volume - a concern.

Passing right now. Perhaps it'll sink back into congestion and a buy stop placed above to capture a thrust back up might be a plan.

Then again, low volume is the hallmark of so many Canadian stocks. Maybe I'd better chuck out the 65 minute chart and move to a 65,000 minute chart or something ;)



To: Ally who wrote (106)2/10/2001 5:41:08 PM
From: Sam2482  Read Replies (1) | Respond to of 147
 
Ally: I view the Nas 100 (QQQ) as oversold here. I'm buying the Jun 70 calls @ 2.35. I think we'll get a nice bounce and it should be within the next several weeks. I read the chart as having good support in the $54.00 area.

I appreciate your recommendation of trader Vic's book. It's very informative.



To: Ally who wrote (106)2/10/2001 10:36:18 PM
From: parker_meridian  Respond to of 147
 
Sounds more like knife catching then trading to me...