Sunday, January 7, 2007

Yawn......


Remember, the 10/60 Cross doesn't make things happen.......

Here is chart of GW with 10/60 crosses that look nice at first glance. In most cases though, ignore a stock like this since it has no day range. Look at the range on the chart, from 6.45 to the top 6.70; less than 4% range. Look at the "buy" crosses, only about a .10 move on each. For a $6.50 stock that is less than a 2% move. Many better opportunities out there.

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