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


To: Souze who wrote (4681)12/21/1998 9:17:00 AM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
PSFT

At the time I made that post, I thought it was. Siubsequent posts (to Sue I think) indicated I felt it was still downtrending. However, news can drive a stock like that up well, and the morning rises have always been worth watching. I don't recommend entering a stock until it is in reversal, and not just basing, as it can do that for some time before moving back up. Still, PSFT is worth watching. Set a stop, please.

lastshadow



To: Souze who wrote (4681)12/21/1998 10:46:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
Thats a lot to answer :>
Yes it is still basing and it did break to the downside. I havent bought it yet, I have a few companies I am looking at to buy a few shares off. You always buy partial and average down/up over time to get a better price.