Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (7158)	1/14/2006 10:03:55 PM
From: shades	Read Replies (1) of 13449

ELN was posted as a long term play here I have been gone about a month and was not able to keep up with your thread dabum, I thought almost all your trades were only to be 2-5 days in length. I have more time now to follow the daily postings. Regarding your 3-5 bar pull back pattern relating to FDX - stockcharts.com[h,a]daclyiay[pb20!b50!f][vc60][iut]&pref=G Broke key support at the 20ma, on its 4th down day - should I be expecting a bounce off the 50ma and the stock going higher or because it broke the 20 this is a time to short? On your 7 deadly sins of trading - rule 3 you talk about not changing time frames - phil grande was a professional trader and market maker and he seems to do this - not locking himself in to a range of time and just riding the trade from days to years even - I am confused why he does this. He often makes note that he bought adobe several years ago with no time frame in mind and rode it out several years before he sold - he states the patterns and charts were to his advantage and the charts will tell him when to sell - not a timeframe?!?

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