SI
SI
discoversearch

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 : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (853)6/14/2005 4:13:31 PM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Well, it was a speculative trade on a thinly-traded stock.... I think you've got no shortage of those on your radar!! LOL!

I don't do that very often, but I like to watch one or two of them, and dabble in them from time to time.

But.... if you insist... I think it's time to revisit this one, which has been a very nice trade in the past:

SPDV:

139.142.147.218

139.142.147.218

139.142.147.218

I've been waiting for months now for this one to touch $1.50, but it just won't quite get down there. I might just buy it anyway and forget about it for a while. This is another one that requires patience. You could find yourself underwater on this one for weeks or even months, but when it moves, it moves.

T



To: Gush who wrote (853)6/14/2005 4:21:14 PM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Have a look at this weekly chart on RSTG.... notice that the stochastic crossover precedes the move by about a week:

139.142.147.218

Here it is with the faster stochastic setting:

139.142.147.218

RSTG was down 11% today, and I know the weekly candle looks rather bearish so far, but I think that will change considerably by Friday. Most likely we'll end up with a hammer on the week.

T