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Strategies & Market Trends : Strictly ..... Bottom Fishing -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (2)4/7/2007 11:28:14 PM
From: Peter van Steennis  Read Replies (1) | Respond to of 489
 
Sir Bum:

Glad that you have started a new thread as I am an avid admirer of your work and continue to learn.

I do have a question regarding GENR, doesn't Nasdaq require a company to maintain at least a $1.00 stock price? If so has GENR been notified of a potential delisting? I know you are not into FA but a delisting could influence your TA.

Best Regards and look forward to lots of fishing.

Peter



To: chowder who wrote (2)4/8/2007 8:35:39 AM
From: Jerome  Read Replies (2) | Respond to of 489
 
For bottom fishing at the current time I like MU and AMD.

The should not be any more bad news about either.

As a bottom fishing guideline I like to use the RS (relative strength) indicator. When the RS of a stock gets below 5*, then it has no where to go but up.

* provided the company is not headed for bankruptcy


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