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G-TA: Monday 04/10/2006

Started by eliteG, April 09, 2006, 08:16:39 PM

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REALDEALS21

Hey G, should I hold OTD overnight ? I bought @ 2.5

eliteG

Quote from: REALDEALS21 on April 10, 2006, 03:41:57 PM
Hey G, should I hold OTD overnight ? I bought @ 2.5

OTD - nice volume today.. but risky to hold no doubt.. yet ethanol is the hot ticket in town.. tough choice.. i think its still got it  >:D

REALDEALS21

Even with it being WAY oversold, you still think its got legs to run more ?? ???

eliteG

Quote from: REALDEALS21 on April 10, 2006, 03:51:42 PM
Even with it being WAY oversold, you still think its got legs to run more ?? ???

I know you mean overbought Reals  ;)

I hate it when you guys bring that up.  STO and RSI.. and all the others that give overbought/oversold signals are Oscillators.. their signals are meant for when a stock is Oscillating.. stocks that are trending will continuue to show overbought or oversold as they trend... dont worry about it  ;)  let the indicators go!

eliteG


So a crappy day in the markets(Nasdaq down .25%) but there are some gems out there.  It seems ethanol is going to become the next avian flu trend  >:D.. well then time to find those kind of plays.

See you tomorrow.. 10:30am.  8)