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Monday, June 02, 2008

The Power of Strong Support

I outlined my entry in APA on Friday. Today the stock is up over 3 points on a negative day for the market (as of noon eastern time). This is a good example of the power of strong support.

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2 comments:

  1. Unknown8:45 PM

    That was a great call on APA. Well done.

    ReplyDelete
  2. The Market Speculator10:14 AM

    Thanks burnsoh. I am disappointed that there has not been follow through today, but will hold on unless support breaks.

    ReplyDelete