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

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To: dennis michael patterson who wrote (22799)	4/15/2000 4:23:00 PM
From: Robert Graham	Read Replies (2) of 42787

Why be concerned about a bottom? I am making money on the way down, just as I make it on the way up. The only markets I do not like are the congested "go nowhere" markets that have setups in my time frame that do not follow through once triggered and tend to whipsaw enough to make the setups not worth taking, and the choppy markets where price bounces around with significant slippage. My two best trades on Friday was right at the open and when an intraday bottom was being put in which price challenged and then continued selling off. There was the smell of fear in the air right from the beginning of the day. Great day to make money except during one part of the day where individual ticks were at times multiple points apart on the SPOOs. This is where I incurred abnormal slippage of two or more points on my trades. My timing at to be very good and with the trend to make out on these trades. But it did blow the risk to reward on my trades, and with other problems like slow response from my broker's computer, I waited it out until the market started to trade more "normally" with regards to slippage. Bob Graham

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