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

To: Patric who wrote (2417)12/9/1998 11:31:00 PM
From: Caroline  Read Replies (1) | Respond to of 39683
 
You're probably right, but the internet scares me. Not home during the day to pull the plug. Stop losses are useless when the bid/ask jumps around several points per minute.

cb



To: Patric who wrote (2417)12/12/1998 6:28:00 PM
From: Caroline  Read Replies (2) | Respond to of 39683
 
timely.com

See the price hitting support three times? Late August, mid October, late November. Solid support at $12.

Had the last bottom not been made, the pattern would have been a double top at $17-18, mid September, beginning of November.

The last few days' slide has me a little worried though. I'd like to believe it's a fake-out, but the stochastic is showing little support. A break below 12 is a sell.

CB


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