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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: freelyhovering who wrote (4731)	1/10/1998 2:16:00 PM
From: Chris	of 42787

notice that TA forewarned the oct 29? crash: Subject: Technical Analysis - Beginners \| Previous \| Next \| Respond \| To: Richard Estes (7687 ) From: Loren Saturday, Jan 10 1998 9:09AM EST Reply # of 7702 Richard - << For the true beginner, it probally is best to have left the market in Sept-OCT and been in money market funds. This game can take your money. << You're right... As well as charting individual stocks, I chart several market indices, including the NAZ composite. In the week ending 10/24/97, both my weekly DMI and MACD indicators gave a 'sell' on 'NAZ'. They are close to giving a buy, but not quite yet. Meanwhile, the NAZ is down from 1667 to 1555. If you are a dart-thrower, you would have almost certainly lost money. If you are a TA'er, you still might have. Theoretically, you can swim up a waterfall, but in reality it's quite hard!!! So, you better be sure of your system rules before you buck the overall market trend! Loren

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