SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&F Research -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (88)4/2/1998 10:18:00 AM
From: Ms. X  Read Replies (1) | Respond to of 389
 
Hi Eric,
I'd pass the question to Tom but he is out of town for a few days.

The answer to your question depends on the market condition, sector risk and on the stock itself so there isn't a "standard" answer.
For instance:
Scenario A.
The market is at 74%
The sector is at 72%
The stock is at the top of the trading band.
The stock has a great RS
The stock has run up 25 boxes and reversed 6.
The fundamentals are perfect.
What do you do? Probably sell current positions for profit. Or if wanting to buy, buy partial positions and hold for any more pullback.

Scenario A.
The market is at 45%
The sector is at 43%
The stock is at the top of the trading band.
The stock has a great RS
The stock has run up 25 boxes and reversed 6.
The fundamentals are perfect.
What do you do? Buy it.

You have to put all this in to the equation.
Does this make sense?
Let me know.

Jan