POT, MOS, CF, et. al.

Discussion in 'Stocks' started by NoDoji, Jun 19, 2008.

  1. NoDoji


    I've been looking to go long on a pullback, since these stocks have pushed far above their 20 SMA. Great pullback today, but the 30-day charts indicate more to come. I'm a pretty new trader - any opinions from the highly experienced out there?
  2. Buy near their 50 day moving averages, they are currently all overvalued. Your analysis is correct.
  3. NoDoji


    Thank you for your confirmation. I'm extremely pleased not to have jumped in :cool:
  4. S2007S


    These stocks are overbought, once commodity prices correct these stocks will follow quickly behind. They raised POT target to $340 the other day, reminds me of the dot com days.
  5. NoDoji


    They appear to be fine vehicles for intraday trades, but I don't want my lack of experience to ruin my mood before vacation.