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

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To: Lee Lichterman III who wrote (6045)4/19/2001 8:49:17 PM
From: Chris  Read Replies (3) of 52237
 
I want to say "hi" and post couple charts.

geocities.com

Over the last few weeks, it was an interesting and eventful period. After the DOW broke my 5 yr trendline, I started shorting the Dow Index stock (DIA's), noticing paul shread's rising wedge.

I shorted the DIA's 4 different times. I was only successfull 1 out of 4 times. Net, I had a 6% loss. Again, as many of know, I'm sticking to my new risk management plan to cut my losses faster.

Looking back I did well, because if I didn't stop out, I would be down 11-15% right now.

Flip side, my indicators did very well on the market rise

Message 15639775

I had some losing qqq/xlk that have recovered and I am doing well. I have already made up the small 6% DIA short loss and net positive.

It's a tough market, but with a trading system that works (this year, 62% winning trades), and good risk management system.. Trader's should do well.

Past performance not indicative of future performance.
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