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To: Magnatizer who wrote (14762)8/20/1998 10:37:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
nibbling those picks around the 50 day ema. i usually look for upside divergence of price vs. macd.. (ex: price is basing, but macd is bottoming)

risky play vs. my traditional jump when it rallies. this is acutually bottom-fishing.

i think mkt will retest the lows (and let's see if it holds)

basically, im watching sp500 200 day ema.

AOL and WLA also good nibble picks.



To: Magnatizer who wrote (14762)8/20/1998 10:39:00 AM
From: Chris  Respond to of 42787
 
for nibble picks, the entry price is even more important. with a sell/exit strategy laid out.

higher risk, but it's truly a buy at the bottom.. (greater returns).

im also reserving $$ for my traditional "jump in upside rally" play..


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