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Strategies & Market Trends : Charts for Breakout

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To: Golf Pro6 who wrote (691)	8/25/2000 5:14:56 PM
From: herry iball	Read Replies (1) of 3506

Hmmm, I believe you are right...the seesaw is ready to go either way, and volume on it is light, so I've got a pretty tight stop on it. I tend to do staggered entry points in cases like this, take a small position at a point like this with tight stops, and then add to the position if the chart starts to improve. Actually, I've packed my bags and moved over from the two extremes of trading i've been doing (long term, and momo's) to a T/A based trading philosophy. It's been treating me well during the past few months, but I have poop-loads more to learn about t/a.....sure is fun though...it appeals to the mathmetician in me. :o) regards, Rap

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