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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (13081)2/29/2008 11:22:12 AM
From: Perlite  Read Replies (2) | Respond to of 30197
 
I took half of my DML off the table this AM when the RSI dipped below 70...todays action is just normal consolidation IMHO (ie. volumes) but I will be out of town for a week and not watching the chicken coop very closely so I want to lock in...IMHO DML is in good shape until it goes below 8.50 although in all fairness STM and NOT have the strongest charts if you look at the accum/dist lines...I have a stop set for STM at 1.90 (doubt it is required) and may check-in online with ref to NOT in the next couple of days(the RSI is still 82)...keep an eye on the RSI...in my experience ROC(8) gives good re-entry or add points on momentum stocks if you are looking to add...