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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (122962)	8/16/2005 7:57:33 AM
From: skinowski	Read Replies (2) \| Respond to of 209892

BSC... pretty strong, healthy uptrend. The stock just bounced off its 200 dma, with a high volume reversal yesterday. The latest rally out of the May low looks fairly convincing as an impulse. The recent decline was sharp - but it seems that historically this stock "likes" sharp corrections. Not a bad play, with a clear stop. Nice find. Doubt that I'll play it myself at his time... unless I get a super-seductive entry. I still suspect that the bearish seasonality will find a way to assert itself... and lead to a meaningful pullback. But who knows.