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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Colby who wrote (1450)8/11/1998 3:54:00 PM
From: David Jones  Read Replies (2) | Respond to of 4140
 
Hold



To: Colby who wrote (1450)8/11/1998 5:02:00 PM
From: Loren  Respond to of 4140
 
Colby -

Responding to your question around when to 'pull the trigger' on another buy.

As I alluded to in my post, if it were ME, I would wait for a true uptrend...

To me, a 'true uptrend' is when:

1. The MACD is rising, indicating the stock is trending upward; and
2. The ADX is also rising, and over 25, which indicates that the trend is strong enough to be trusted...

I'm on the sideline right now, looking for the exact same buy signal... when it happens, I'll let the thread know. If you are ever interested in my read in the meantime, just post, and I'll respond.

Keep in mind that this is MY system, and I don't recommend to ANYONE they ought to do the same thing! :-) A little disclaimer...

Loren