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


To: Dr. Stoxx who wrote (3689)5/3/1999 8:51:00 AM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
2 PICKS FOR MONDAY:

LONG, USG, on sell-off after strong uptrend. But wait for confirmation in both price and volume before entering: timely.com

LONG, MPO, on trend-reversal after heavy sell-off. This is not a BTTT play in the class sense, but indicator show price is reversing a lengthy downtrend. A riskier play. timely.com

Both of these ideas, BTW, came from the list on Morning Trader on the Hardrightedge page (BTTT's new "partner"!), although MPO is on their "bear hug" list.

Good luck, the markets look to open slightly weaker this morning.

TC.



To: Dr. Stoxx who wrote (3689)5/3/1999 8:55:00 AM
From: Dr. Stoxx  Respond to of 39683
 
Here is a nice example of a "trend reversal" play that gave very similar signals to MPO a few days ago...missed this one. A beautiful smallcap play for huge gain!

GMGC: timely.com

It looks strong still. Might be worth a short term "mo-play".

TC.