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Strategies & Market Trends : today's chart

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To: Richard Estes who wrote (676)10/2/1997 12:38:00 PM
From: The Perfect Hedge   of 1267
 
Richard--
Thanks for your response.I want to get a long term range and short term too.My avg trade time is a couple of months usually.I follow techs(mu,hwp,txn,gems,nvls,gtw--all puts) and CKR of course.
I try to buy puts or calls when I see that a stock is way oversold(I'll buy the call if I like the stock)or buy a put if I don't like the fundamentals of the stock.I try to get all the technicals in my favor if I can-i.e.--Right now CKR is looking toppy and close to overbought so I'll wait for a selloff and get back in when I see that cci says os and stoch says os and macd looks ready to blast off and rsi looks os and momentum is neg.I'm trying to get the parameters for all these indicators and I want to get a long term and short term picture.I try to catch bottoms and if I miss out so be it.GD
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