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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Mr.Manners who wrote (2008)2/1/2002 12:14:53 PM
From: Dave Gore  Read Replies (3) | Respond to of 16631
 
Kasha, WLP has been a great performer and now is approaching its upper Bollinger Band (i.e. B-band as I call it).

If it pulls back to its 20 or 50-day sma, it might be worth considering. It is a little high priced for most on this thread, however.

Remember my philosophy, there is a seller just waiting to get out when a stock is near its highs. It's much better to wait for profit-taking and a pullback to support. If it gets away from us, so be it. There's always a hundred other stocks to choose from.