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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Clint E. who wrote (25807)	3/29/2000 8:28:00 PM
From: shasta23	Read Replies (2) of 68253

HI CLINT! Took some heavy hits today and puked up MERQ,VnTR and PUMA in the end. Seems that i just can't trade the way you do it and feel bad about today since it was so stressful to trade outside my method of tighter stops. Reminded me of the "bad old days" in the fall of 98 when DELL was melting in the sun of the russian financial crisis and we had some severe gap downs for breakfast. Re VNTR: probably sold at the bottom and took a 12% loss on that one. I thought during the day that the enormous volume would have turned over almost the whole float during the last two days and the stock would turn up now but in the end it just collapsed and i couldn't stand it going lower and i sold like an amateur out of fear. I know you're the master of the bottom fishing and you can stand these large swings against you. Well, i can't! and will go back to my own method. Time for a break from SI and focus on my own trading without distractions. Thanks for all the tips. Too bad that my personality doesn't allow better integration of your ideas! Will continue to enjoy reading your posts! Stefan

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