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Technology Stocks : SMTI: SMTEK International, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (24)8/12/2001 3:52:40 PM
From: chartseer  Read Replies (1) | Respond to of 420
 
Hi Bruce!

I'll keep what you said very much in mind and keep a close watch on PEP.
I can always use a few points where ever I can get them.
I have my own method of using PnF for day trades going with the trend lines and familiar patterns trends. The trick is to always be quick in undoing a position if chart doesn,t go as expected.
Did you check the BPFOOD?
Somewhat worried here on markets tight rope walking above the abyss, but not worried enough or short enough issues.
Believe PEP RS would be in Xs against DJIA too. Only BPfood dosn't look good to me. Believe it is in a column of Os in the 80s.
Capital is an issue too. What position would I have to unwind to buy PEP and is it a better target or not?
Of course I could reduce SBC one trading unit. It will be interesting to see which gets above 50 first, a chart in a column of Os, or one in a column of Xs.
Always good to debate PnF with one someone who knows his stuff.

Then again what the heck do I know?
I'm still just learning how to play this game,

chartseer