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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Gersh Avery who wrote (38405)	12/19/2000 1:38:27 PM
From: Trading Machine	Read Replies (1) of 42787

Gersh, I'm watching the 60 minute OEX charts and I will sell when it bumps the down trend line at about 723 or so depending on how long it takes to get there, if it gets there. I will draw an uptrend line under the 60 and if we break that to the down side I will bail at the close that day. You always have told me to let the profits run, I know you have taken a beating but consider if you had entered Friday at the close, when would you sell? I am just making the presumption that Friday was a temp low because we have been setting higher lows. Just one Dummys opinion. Paul K.

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