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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: TATRADER who wrote (20836)2/27/2001 12:19:26 AM
From: Mike Sawyer  Read Replies (1) of 59879
 
Here's a link to a very good study of the Naz COMPQ by Capra, of Pristine Fame. I love this last paragraph

"As traders we take it a step at a time. To say this is “The Bottom” or to suggest the unfilled gap will be filled closes our mind to other possibilities. This is often the reason many take large losses, as they have greater need to be right than to make money. A Wall Street saying goes “If you think it’s a bottom you’re probably wrong; if you know it’s a bottom you’re too late”. In other words trade what the market suggests, keep an open mind and opinions mean little. If you want to call the bottom take the ego somewhere else; here it can be dangerous to your wealth. Take it a step at a time. Hope you have a profitable week! "

pristine.com
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