Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (82)	10/19/2004 8:43:01 AM
From: Larry S.	Respond to of 13449

i picked up NSC in mid 20s a while back as a diversification in the energy sector. they are moving TONS of coal and other stuff. up and right is good (if you're long and and investor). larry

To: energyplay who wrote (82)	10/19/2004 9:56:13 AM
From: kodiak_bull	Read Replies (1) \| Respond to of 13449

Ep, The other advantage that rails have when oil is rising is that shippers looking for the most economical way to ship will find that cheap rail for longer portions is now suddenly much more attractive than air or truck. They will now weigh time (rail will be slower) vs cost and find they and their clients can live with an extra 2 days in delivery. Good find. Kb

To: energyplay who wrote (82)	10/19/2004 10:21:36 AM
From: chowder	Respond to of 13449

EP, NSC has very good money flows and is clearly under accumulation as shown by the OBV indicator. The problem with buying these strong moving stocks is knowing when to buy. Since they don't have any support levels beneath them to speak about, corrections can be significant. Based on the accompanying chart, buying off the lower momentum band has been a good place to pick up a position. By buying the lower band, a stop placed about 3% below the entry looks like it would be a good loss management strategy since that would clearly note a change in character from the current trend. Nice find. stockcharts.com[h,a]daclyiay[pd10,1!f][vc60][iut!Lc20!Lg]&pref=G dabum

To: energyplay who wrote (82)	10/20/2004 6:56:19 PM
From: chowder	Read Replies (1) \| Respond to of 13449

EP, NSC showed a bearish engulfing pattern yesterday indicating a pull back. I was hoping for a 3-5 day reversal set up, which would have set up a nice buying opportunity. However, NSC came down to touch the lower momentum band and ended up with a high wave candle pattern today indicating indecision on the part of the bulls and bears. I have conflicting signals between relative strength and rate of change. If NSC can pull back slowly over the next day or two, the chart may set up for a nice buying opportunity on a strong uptrending stock. stockcharts.com[h,a]daclyiay[pd10,1!b200!f][vc60][iut!Lb2!Lm4]&pref=G dabum