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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (4865)9/2/2000 8:24:18 PM
From: Bosco  Read Replies (1) of 30051
 
Hi all - Tim, sorry [re: WSTL] just too much margin, not that the amount of WSTL I sold matters much. More symbolic than anything else. Well, I ve a serious TA deficiency, for several times already, I ve dumped a stock, the latest was BVSN, when it showed an intraday [bearish] reversal, only to see it reversed again the following day and processed to achieve another breakout. The lesson? Keep the cool and look for confirmation. A confirmation obviously suggests additional losses. However, since I traded these stocks based on initial breakout, it is worth the patience. Just a note to myself :)

best, Bosco
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