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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Charles Kalb who wrote (2086)10/25/1998 1:06:00 PM
From: Caroline  Read Replies (1) | Respond to of 39683
 
Charles, this BDK short you found is a beautiful thing.

The 40 has crossed under the 200 MA
The stochastic falls in line with the price
Stochastic 75 and going south
Trend was down, retraced to just above 200 MA
A failed double bottom (right bottom lower than left, peak volume not at the shoulders)
4 down days in a row
Earnings -$8.06/share

That's very nice and clean.

CB