Forum Archive Index - May 2003

[Phaedrus <Phaedrus@techemail.com>]

Gerry,
      NRT is in a long-term uptrend, a medium-term downtrend and a short-term 
uptrend. Volatile stocks such as this make good trading candidates, generally 
giving better returns than buying and holding. An example of a suitable trading 
indicator would perhaps be a 50 day moving average. Anyone using an indicator 
like this would be currently holding NRT, looking to exit when the price broke 
below the moving average. Anyone using trendline breaks to trade this stock 
would currently be out, looking to re-enter when prices break above the current 
medium-term trendline.
 Note how the significant peaks on this chart were all accompanied by clear 
volume spikes, with the latest at $3.48 on 1/4/03.
        Regards,
                  Phaedrus.

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