last weekends buys

Oct 24 2008, 09:26 AM Post #1 Member Group: Traders-Talk User Posts: 1304 Joined: 6-March 06 From: Lafayette Member No.: 4754 Here was my post last weekend...all triggered nicely early in the week and up nicely...it was a grand week, hopefully some of you made. I am seeing this in a lot of names. the big MACD bull divergence, meaningful lower cash and higher MACD. This is one of the formations that works best. When the MACD turns up on the divergence setup, the buy triggers...and they should move nicely. These are setups, and are close to a trigger, and we are not in a chase the market scenario, patience. Use stops! As I am seeing this in many names, I think we are close to a mkt low, a Monday gap down may do the trick: RIMM MOS UYM X QLD BHI

Sweet!