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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (3877)11/11/1997 1:08:00 PM
From: feewaybill  Read Replies (2) | Respond to of 42787
 
Hi Chris,
PTIS moving up a little, +3/32 to 9 7/32. Not much volume yet. It's still early in the day. Using the buy stop placed above the moving averages(resistance) is a smart play. I see how you can use this method to reduce your risk in a volatile market. If it pop's up to your entry point you will be in position for a good gain. If it does'nt pop you are safe on the sidelines. Henry uses buy stops alot with this same thinking in mind. Helps cut down the risk. Thanks, i'm learning alot here...............Bruce