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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Al Greenleaf who wrote (3359)11/30/1998 6:54:00 AM
From: LastShadow  Read Replies (3) | Respond to of 43080
 
Response

If the stock is still in a 6 indicator bullish uptrend, then it is certainly good for more gain. Most of the crossovers I look for to exit or abandon following a stock will peak - and yes, that could be today on some of them. However, if they open up and the market is generous, they could run another day or two. After exiting EBAY and some others too soon I revisited the exit signals to see what I was missing and tried to correct that.

Also, yes, I expect some morning profit taking to correct down slightly. Lately however, that dip has not been significant.

Appreciate that there are over a thousand people who follow this thread, and that my screens and lists are what I look for. Please post your scan results - whatever they are. Diversity is better in this endeavor, as stocks apearing on multiple lists are quite strong buy candidates, and I can only cover so many myself.

lastshadow