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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Rooster Cogburn who wrote (17494)5/23/1998 11:24:00 AM
From: Magnatizer  Respond to of 79273
 
Cube, Rooster

could not agree more. When PCMS came out on the good stock to short scan a few weeks back I made the decision that yes, the TA was telling me something. Even though I have strong feelings toward the FA of the company I knew I had to sell. I got out to early as it had one last pop left in it but sure enough it is now breaking down to below my exit point. The funny part is I bought it through a broker recommendation several months back. It was on their "focus" list. Yea, focus on screwing the small guy so some big fish can dump his/her
shares. Anyway my broker kind of chuckled when I put in the sale order as he is supposedly loaded up on PCMS. Well called him back yesterday to make another TA based trade which is going against strong FA and he did not have much to say. Don't know why...LOL

He really is a good guy and I trust him as a person, but no more recommedations please.

ht
david