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As you can see Motorola has made a nice run this
year
followed by a small
retracement
the 4 lines on the screen is the perfect stop
loss,
when a stock commodity, index, etc.
trades under the lowest line it is considered in a buy
zone,
you add to the position when it trades above
the lowest line,
add more when it is above the second
line
buy the full position when above 3
lines
see, how in a strong market it never
penetrated the third line from top,
currently.
the correction is over
and
the risk to the down it only 50 cents from
Fri. close,
I see this at 25 by Jan 2006
the p/e is very conservative
sales and net income is on a steady
rise
Ben
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