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

To: Dr. Stoxx who wrote (2914)	2/3/1999 9:00:00 AM
From: Ken Adams	Respond to of 39683

TC, I read PCMS just about like you do. I didn't like yesterday's action, but the ascending triangle is in tact (as you pointed out). OBV remains very strong and RSI failed to put in a lower low due to the day's selloff. I don't have a stop entered here, but I probably will if it appears weak again today. FWIW... Here's my pick for a "buy it and forget it". This is a local business for me (Denver) and I've been following it for some time. Yesterday's super earnings report bodes well for this company's future. Good management, realistic expectations, etc. End of hype <g>. FRNT: timely.com Ken