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

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To: Chris who wrote (6319)2/25/1998 1:22:00 PM
From: Judy  Read Replies (1) of 42787
 
chris, use trailing stop gains, you can always re-deploy the money when the market stablizes and stocks are trending again.

CSCO, went long today and waiting for it to close at a new high ... ascending triangle coming to a close and resolution can be either way. Sentiment says up, valuation says sideways with downward bias. I will trade the sentiment while NAZ is on autopilot up.

HWP and BAY , on the back burner. Waiting for the fundies to join me.

CPQ will trade between boundaries of its bear and bull channels. Below 31 stock reenters bear channel ... above 33 stock is in bull channel. Technicals are saying market does not know how the DEC merger will impact the bottom line in the next quarter or two and fundies are not inclined to have their money sit dead for a while. Bottom line, funds managers don't earn bonuses from "dead" money ...

Will post a few more stocks to Jan later.
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