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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (10170)3/2/1998 12:41:00 PM
From: Wayners  Read Replies (1) | Respond to of 13456
 
Wiseowl asking me? Hey, you're better at this than me, especially of late. You're timeframe is definitely longer than mine--so you can afford to put up with a bigger dip than I will allow. With a 30 or 60 day timeframe, you are still dealing with a dip.

LSI down 3/8 today RT. I would expect it to at least touch $22.50 and only maybe $20 after that. The short term trend (12 day) is down and today's action isn't exactly helping. If there is one thing I learned from APM--pay attention to the trend. When the trend starts to go against you, get out--even if you have to take a loss. I waited a few weeks too long on APM. Felt lucky to get out at $25. Should have been out at $35.

APM has entered the realm of the boring with little volatility. Its was starting to put together a positive trend but that quickly fell apart. If APM was on a downtrend, versus its neutral trend, it would be on the list too.