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Revolutionizing Investor Psychology
 
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BWTR

 
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mjlewis



Joined: 10 Jan 2006
Posts: 42

PostPosted: Tue Sep 12, 2006 8:29 am    Post subject: BWTR Reply with quote

Morning star signal off support at 7. Looks like it might climb up to its 50 day ma around 8.50. Volume is not much higher than its 50 day avg volume. STO oversold and turning up.

stockcharts.com/h-sc/ui?s=bwtr

Any thoughts?
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mjlewis



Joined: 10 Jan 2006
Posts: 42

PostPosted: Mon Sep 18, 2006 3:58 pm    Post subject: Reply with quote

Well, apparently no one liked BWTR. However, it has worked out exactly as I thought it might. It's continued to move upward to the 50 day ma. A doji today right at the 50 day ma line has me on the watch to close the position if it has trouble crossing it, but the STO still has a lot of room to run.

So far, this has been one of my best winners of September with a return of 12% in a pretty short period of time.
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Scooter



Joined: 02 Jul 2006
Posts: 98

PostPosted: Mon Sep 18, 2006 4:20 pm    Post subject: Reply with quote

Congrats, MJ! Smile

Scooter
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