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


To: lynn hall who wrote (2414)12/12/1998 5:55:00 PM
From: Dr. Stoxx  Respond to of 39683
 
Lynn,

Thanks for the compliments, and the first time post. And always great to hear from a fellow Princetonian (though I was at the Seminary across the street, so only one by adoption!).

Looked at NOBE. By the way, to post a link to a timely.com chart, simply copy the address from the timely page, and paste it into your SI post. Here it is: timely.com

It does not quite qualify, because its uptrend has not been well enough established. It does look like it has hit bottom and is making a nice reversal. And the Stochastics are where we want them. But there will be a lot of resistance on the climb back up to new highs. That potential for resistance makes it a riskier trade than one in a market in a clear long-term uptrend (6 to 12 months).

Good luck, and keep posting. TC.