Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: bobby is sleepless in seattle who wrote (103316)	6/23/2000 10:42:00 AM
From: bobby is sleepless in seattle	of 120523

NDX... this morning the ndx bounced off the 3730 level as this was my signal to go long. if i were short, i would have set a shorty short at the first uptick and let the drift come down slightly above my target as support typically sees hard bounces, though a piercing happens just as much, but why take the chance, right? All does not work out however, I tried for SCMR at 109 for a quick play and missed...easy 4 points...this is part of slippage and why paper trading DOES NOT WORK....! understanding the trade though, helps for learning, but world's apart when it comes to actual performance. now let's see what happens as we now let the dust settle, do we drift to touch 3730, go below to 3700, or establish a higher low for the day, at least for the morning trade session.

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