DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Hands Off who wrote (2729)	8/13/1999 10:45:00 PM
From: TraderAlan	Read Replies (1) of 18137

Marshall, Good to hear from hear from you and thanks for the comments. <held hostage to the PPI, CPI, Alan Greenspan, FOMC, Humphrey Hawkins, whether the Bejing is mad at Taiwin, what is happening in Brazil, the weather and the price of grain and oil, etc> So what else is new <g>. There's always some wall of worry the market climbs or falls from. One of the benefits of TA is being able to process all these news and events through only the numbers. Makes life a lot simpler than trying to be Gandhi, Hawkings and Galbreath all wrapped into one genius able to understand how macro events move the markets. You can't trade everything well so why not pick your narrow poison and fry yourself a little more with winning and losing. One of the best low risk ways to use TA in your trading is to short-term trade RBOCS or Utes. The TA works but the moves are small so you can't get too hurt. Another great way is to trade 100 share lots using a $5 broker. You'd be surprised how much money there is to make riding the right stock a dollar at a time. Alan

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