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On Fri, 29 Aug 1997 19:30:59 -0400, you wrote:
>Guy Gordon wrote:
>
>> But what if you DIDN'T buy back in March. When should you get in?
>> The Stochastic answers that question. And very well I might add.
>>
>> We were talking about APEX. If you bought at the IPO, fine. You're
>> set. But what if you're looking to get in now? The stock is in an
>> uptrend channel. At what point should you buy? I would try to find a
>>
>> point where the stock is near the bottom of the channel and the
>> Stochastic gives a buy signal.
>>
>> I would NOT buy when it is at the top of the channel and the Stoch is
>> giving a sell signal. That describes APEX right now.
>
>Yes, but in my original message I said it was a buy at thirty.
>However,if you wanted to buy now, stochastic signal is not the way to
>determine
>how to get in especially when there clearly is a trend. If the stock
>gapped
>up or rose with record volume then then that would be a signal to buy.
>Keep in mind we are not talking about low qiality stocks like Iomega.
>
>
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