Forum Archive Index - August 2002

[Phaedrus <Phaedrus@techemail.com>]

Snoopy,
        I was quite surprised to see that you were wondering if now is the time 
to quit this stock. Not in my book! GMF is in a steady confirmed longterm 
uptrend and has been for well over a year, making it an ideal stock to hold. It 
is also in medium term and short term uptrends. 
 If I held this stock, I would not consider selling so long as it remained 
above its current trendline and/or its 120 day exponential moving average.
 We seem to have reversed roles here - usually it is you wanting to hold 
longterm, and me recommending selling!

        Regards,
                      Phaedrus.






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