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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who started this subject8/26/2000 12:37:34 AM
From: james-rockford  Read Replies (2) of 43080
 
Since I fired my financial advisors, the firm of Whitelipped & Trembling, I've been hanging out on this thread (you guys have a good sense of humor). Hope I can contribute in the future. Didn't want to post till I gained some experience. My first ever trade was DBCC in Jan '99. Got a double. I thought, "hey, this ain't so tough!"----Yeah, right. Got hit hard that Spring.

Started teaching myself TA, and now, that is the only way I'll trade. I like to catch a stock just a day or two before it goes MACD bullish on the 3 month chart, I use 10 & 20 dma's.

Also, love the critical support play on a bad chart, INSP was a classic of that this week.

There are so many good charts out there right now: EBAY, DCLK, SSTI, TQNT, ENGA, SVNX, etc... if the Nasdaq will co-operate, and the COMPX looks quite good. We will be wearin' our rally caps big time.

My most recent buys are ASKJ and VERT. I keep a real close eye on the daily charts. I try to resist the temptation to daytrade my stocks, but........
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