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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 689.10

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Jan 23 4:00 PM EST

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To: d. alexander who wrote (23924)	10/10/1999 2:08:00 PM
From: shasta23	Read Replies (2) of 69966

Hi Dorothy! Checking in for a minute because i will go hike on our local mountain (Mt.Shasta,ca elev. 14,168ft)today. It's indian summer and soon the snow will cover the meadows(at 9500ft) we want to visit today. Actually nice that the market will be closed on Monday(that's at least what i think) so that we have a little more time for other things. Shorting seems to be a mind set.I know that Clint likes to be long most of the time where i have a tendency to go short when it's not good. But i made the most money on the short side this year(also lost the most doing that!!ha!). I Try to concentrate now on the long side of trading to get more in balance. And one final weekend remark: right now i try(!) not to think that much of the money aspect but purely to get the timing right with the hope that money will then follow later. I also trade very low size and risk because i don't see yet consistency in my methods and when i started loosing the right feel for the market in summer i just made trading sizes smaller and smaller. Right now though it's increasing again since i trade a little more disciplined. Ok, that's enough for this beautiful sunday...i gotta go! Enjoy the rain and i don't mean that ironical. I like rain and looking over the hills while the clouds hang over them and reading a book in front of the fireplace...soon, but not today! Stefan

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