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

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To: Chris who wrote (26347)7/31/2000 11:35:25 AM
From: Electric  Read Replies (1) of 42787
 
Chris,

I agree with all you just said..

I think the most challanging issue for me as a trader in very volitile stocks is not finding them or making the correct decision, that is the easy part..

I feel the roughest thing to do is pull that sell trigger..especially when you have gains..

That is what I am tweaking with..when to sell no matter what your basis is. What level to call it quits and move on.

It is very subjective and everyone has their "max-pain" level, but until you are there is the easy part..lol

Very nice rally, I did not expect it, and as usual it is the big cap NDX outpacing the COMP.

I am curious, this weekend most places I read were fully bearish. I figure this rally holds very short term, maximum into the middle of the week. I see 4200 being predicted as the next resistance, what do others here think?

I would be suprised if we got back to 4k. Thats my pick. We have been selling on these numbers lately and I think the same continues...

FWIW
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