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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: summerboy who wrote (26527)4/3/1999 6:18:00 PM
From: xcr600  Respond to of 122087
 
Not sure what Southwest is up to concerning PPOD, but I covered my short when I saw what was going on.

x



To: summerboy who wrote (26527)4/4/1999 3:38:00 PM
From: Nazbuster  Read Replies (2) | Respond to of 122087
 
Thanks for the post on PPOD... In my own novice way, I came to the same conclusion last week and covered my short at a loss. I thought the SWST accumulation was just too dangerous and the prospects of the stock dropping through the support created by this accumulation were just too poor. In addition, it smelled of inside knowledge which perhaps made the accumulation justified and the upside risk was increasing.

It seems I'm learning stuff every week now. I'm getting to really enjoy trading as I see the payoff from months of "tuition". Last week, I noticed that the Stochastic RSI on RCNC had peaked over the 80% mark, so I sold shares at 38 which I acquired in the 20's. Two days later, it dropped to 33, confirming the indicator. This was the first time I actually acted upon an indicator without hesitation. I'll pay more attention from here out!

BTW, what's your experience with 3rd-wave? Looks interesting. I bookmarked the site.