Re: Bought CD

Luke,

As always, thanks for your thoughts. Hey, I'm on a roll with it - it's
already up a dime over what I paid!! :-)

--
Jerry


"Awaken21" <lukecarlos@xxxxxxxxx> wrote in message
news:1134497801.597101.119770@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> MO:
> Your instincts on the sector are good, the sector is...lackluster. Your
> timing is also good, this stock is in a bottoming area.
> The problem is, about 80% of the territory for this stock is in the
> distribution zone (Between/Under the Zero lines on the MACD and PPO).
> Probably this condition is sector wide, although I haven't checked. In
> this case, the price action is confirming, this stock spends most of
> it's time trying to find new bottoms. I've found that to be one of
> stronger signs of weakness that a stock or index can display.
>
> I've seen other picks in your posts that have far more bulls in their
> corner.
>
> -Luke
> A Break Out Trader's Notebook - Real Time charts
> Detailed coverage of Markets - Sectors - Stocks - and ETFs
> http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1182672
>
>
> Jerry wrote:
>> It's down over 10% due to a minor earnings warning. It's not my favorite
>> sector. However, they are breaking it up into 3 companies next year. I
>> think the parts are greater than the whole. Therefore, it's a bottom
>> fish
>> play for long term.
>>
>> --
>> Jerry
>


.

Relevant Pages

  • Re: Bought CD
    ... Your instincts on the sector are good, ... this stock is in a bottoming area. ... about 80% of the territory for this stock is in the ... Jerry wrote: ...
    (misc.invest.stocks)
  • Re: Bought CD
    ... Jerry wrote: ... >> Your instincts on the sector are good, ... this stock is in a bottoming area. ... >> A Break Out Trader's Notebook - Real Time charts ...
    (misc.invest.stocks)
  • Re: Bought CD
    ... Jerry wrote: ... >> Your instincts on the sector are good, ... this stock is in a bottoming area. ... >> A Break Out Trader's Notebook - Real Time charts ...
    (misc.invest.stocks)
  • Re: Wow
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    (misc.invest.stocks)
  • Monday(((( FINALCIAL STOCKS RALLIED)))) ~"SHARES LEAPT"~
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