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RVB's Market Musings

What began here as an avenue to interact and learn has far exceeded those goals.

If you are a prospective employer, please consider this site a place where you can see my passion for investing...

Tuesday, February 14, 2006

HDL Follow up

Buy it. It's a go!

5 Comments:

At February 14, 2006 8:40 AM, Blogger NO DooDahs said...

Are you using the sloping Jan/Feb downtrend violation? I have had no luck with that for entry timing.

I would prefer to see a close above $12 with a second day confirming it'll stay there.

YMMV.

 
At February 16, 2006 11:48 AM, Blogger NO DooDahs said...

Well, kiss my grits. Now you've got a MACD signal cross and a midline cross for the RSI. Oh, bother.

 
At February 16, 2006 12:31 PM, Blogger rvb1977 said...

You have really become a true technician...wow.

all I can say today is GO GO GO BSX...

 
At February 17, 2006 1:37 AM, Blogger NO DooDahs said...

Thanks!

I'm trying to "jeet kune do" my investing. I figure to have a base of value stocks that I enter using TA, a side order of technical longs, and hedge around the edges with selected shorting, which I'll ramp up in bear market times.

You never did answer the question. Was it the trendline violation, or something else?

 
At February 17, 2006 6:57 AM, Blogger rvb1977 said...

For HDL - I wasn't using a trendline, though my personal experience tells me that trendlines are the most powerful form of TA.

Mostly for HDL I used the MACD and see divergences on daily and weekly looks. But, the buyers have not really come in and propped it up here like I thought they would.

 

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