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Strategies & Market Trends : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?


To: Bocor who wrote (445)3/14/2001 3:26:34 PM
From: Magnatizer  Read Replies (1) | Respond to of 1298
 
Bocor

I did not take your input as grief. I make no claims to doing everything right. In fact, I am a down and out ding dong at times. I value input.

Detailing the type of trade the scan is looking for just makes sense and I am glad you brought it up.

BMC has that juicy gap to fill and it certainly does look like a good short. I don't like entry down here though. If I were to short it I would wait for a pop to some sort of overhead resistance to get in. I do miss many trades due to this (waiting for pop or drop to get short/long).

ht
Mag