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Strategies & Market Trends : Technical Analysis - Beginners

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To: ExCane who wrote (10777)	11/28/1999 11:30:00 AM
From: David R. Evans	of 12039

Sorry it took so long to reply but I've been very busy with a new job.... In most cases, I would not be short in a long market... I think people get themselves into trouble when they "THINK" a stock will go down instead of waiting for the chart to say something... If you are using Regression Channels, wait for price to fall out of the channel with some other indicator like MACD or StochRSI turning down to short it.... No, I try not to extend right... I try to wait for the signal to "give birth" before I put my money down.. I have used Raff regression channels when I used MSWIN and have no problem with them.. Now I use GET and QCharts and fine their Regression Channels work just as well... GET has the best Channels but any of the group can be used with success..... Remember, it's not the tools that make the trade, it's the TRADER!.... Dave Evans

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