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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: milesofstyles who wrote (37056)9/19/2000 11:45:23 AM
From: Doug R  Read Replies (1) of 79450
 
miles,

I just have a greater risk tolerance that comes with a longer timeframe. I do analyze my mistakes and it turns out that exiting too early on short term breaks when the long term technical profile remains supportive has beat me more often than not. I've watched too many of those early exits turn back around and take off without me.
Also...in the Philly Fund thing...they're gonna tax the crap outta me at the end of the year so I need some writeoffs...heheheh.
Starting $10K and going aggressive to $20K ain't easy the way the market's been this year. I definitely had a few positions that were too large so they got me good %-wise but the actual dollar amounts were still...barely...manageable enough to duck out of the losses with a slight singeing. The end of year chart is still 3 1/2 months out.
And lay off the ankles bud...I gotta stay nimble sometimes.

ARNX is going into trick mode...could be a good one.

Voo
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