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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: vampire who wrote (26688)8/3/2000 10:15:30 AM
From: Chris  Read Replies (1) of 42787
 
if buy, buy near support

let's say support is $20. buy near it.. goes below $20, stop out. if $1 risk for $4 reward -> that is a smart trade.

for shorting -> breaks $20 (and looks like it's going to breakdown), short.. stop out if goes abv $20 resistance (it's resistance since $20 support was broken to the downside)

easy to write and say, but one must be patient.
again, watch the market for clues as well.
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