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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2133)6/4/2003 5:31:50 PM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Sergio,

My thoughts on doubling down on shares was not for trading shares but more for averaging down on longer term stocks. Originally I thought this thread was for finding good long term stocks. I know the stocks I've recommended here were more long term stocks. I think I can handle it as long as we stay within 30 core holdings.

Joe



To: Sergio H who wrote (2133)6/5/2003 12:12:16 AM
From: Ken W  Respond to of 23958
 
Sergio

MTIX: FA wise the company is pretty sound. Little to no debt and in the right space due to the aging population.

TA wise I'd be looking for an exit soon.

stockcharts.com[m,a]waolyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

The weekly chart is well into overbought with a gap to fill down in the threes'. 5 may be doable on some sort of good news pop, but if there is nothing to drive it other than the present momo then the die is cast.

Ken


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