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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: shawnwolff who wrote (133)1/20/2001 1:41:38 PM
From: Steve Felix  Read Replies (1) of 223
 
shawnwolff, As I'm buying uptrending stocks I move the stop to or
just below the current trendline. I also like to find whichever moving
average the stock is using for support. They can be quite different.

No offense, but you speak like a true daytrader. Nothing wrong with
that, we are just in different places. Software for trailing stops? <ggggg>

If I said four bagger, I suppose you would laugh. You just don't hear that
kind of thing anymore. Who would ever hold that long??? I would. If the
stock will let me.

Your comment about loving this really struck home. I love to study stocks
that are going up, or have gone up. I find new ways to study them all the time.
After all, that is what I'm looking for. Amazing what I can learn studying their
charts.

Trivia:
How many Nasdaq stocks that were between $10 and $20 on Oct. 1, 2000
have doubled as of Fri.? Nine. How many of those fell fell in the $15 to $20 range
on Oct. 1.? One. TALX. Hmmm.. Where should I cast my line? <lol>

I have strayed way off the course of trying to study my unstoppable little
volume accumulators. I have some info I need to study on that.
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