View Full Version : looking for a trend play.. any suggestions?
grassferret
10-03-2006, 07:17 PM
I'm looking for a pullback in stock that has been trending up. Any suggestions on what to buy into soon? I just missed ISIG. any opinions?
mr. gf
mlegha1
10-03-2006, 10:56 PM
What about the strongest uptrend I have ever seen MNCS someone could have made about 8% in just the month of September.
On the serious note MMT looks to be in a strong up trend.It pulls back to it MA(20) every now and then and the bounces off going higher.
mlegha1
10-04-2006, 12:06 AM
Add GM to the watch list aswell notice how it it has been bouncing off MA(20) making higher highs in an uptrend.It was red in a green market so there might be some selling taking it all the way to 32.07 MA(20) hopefully a bounce to 34 would be possible then.If it doesn't hold 32 it can go down to 30.10 the low from the previous sell off.
load the truck up with Goldman Sachs - take a look at the last month...
loslobos71
10-04-2006, 10:23 PM
X U.S Steal.
Zoom out a few years, its right at that major uptrend.
http://photos1.blogger.com/blogger2/945/1439/1600/1004-x.jpg
Imperator
10-04-2006, 11:56 PM
GS has been a rocket.
PMitc34947
10-05-2006, 12:49 AM
Vail (MTN)
Ingersoll-Rand (IR)
Moneygram (MGI)
Exxon (XOM) when the oil sector bottoms.
jacobnbr1
10-05-2006, 01:00 AM
I'm looking for a pullback in stock that has been trending up. Any suggestions on what to buy into soon? I just missed ISIG. any opinions?
mr. gf
RULE #1. NEVER BUY LONG WHEN MARKET IS IN AN OVER BOUGHT CONDITION.
RULE#2 ALWAYS BUY LONG WHEN THE MARKET IS OVER SOLD.
Now if you care to go long i will infact give you a few options of a few stocks that should perform well as long as the markets continue to go higher or trade sideways, but i ant being no part of your crying if the market decides to unload all the hype and emotions and these go down with them.
These stocks have pulled back into a range of where a swing trader would be inclined to buy and they showed good life today as continuing.
FURTHER- they came from a scan that finds stocks that come from a sector that has done the same exact pattern and is not too grossly over valued. home furnishing and fixtures sector.
I am NOT long these stocks as it would be a break of the rules of swing trading.
So be it if you dare--(-FO-ETH -CSS-LZB-jzz) scan results from10-04-06 am FETCHED
good luck!
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