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[CLK]

Anytime we get a momentum oversold on the weekly it is a safe buy, even in a bear market. Tops are totally different, but easier in a bear market. And when you see an oversold weekly, you can fine tune with the daily to get closer to the bottom. One drawback is you don't make many trades and you have to give the trade 4-6 weeks instead of 4-6 days or hours. So one has to have patience and something else to do with their time. I wish I had a computer program that would enter the trades for me but it would have to be able to use options with varying strikes and expirations as the trading vehicle, not sure that can be done.

Edited by CLK, 15 April 2007 - 12:48 PM.