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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (7618)	1/7/1998 9:26:00 AM
From: CynicalTruth	Read Replies (1) of 12039

Dave... "That brings up a point I want to make. When you are looking to buy stocks PLEASE do not fall in love with them." Words of wisdom. All beginning TA'ers should write that down and tape it to their monitors. Never, never, never get emotionally tied to a stock. Avoid the stock threads here on SI, most who post are in love with their stocks... even if they are crashing at a rate of 3 or 4 $$ per day. They keep saying it is a "panic spike bottom" or some other fancy denial phrase. It will go back up tomorrow!!! Tomorrow comes and the stock gaps down at open another $3...... what you gonna do??? Learn and rely on your TA and avoid the "Noid"... sell the loss before it gets bigger than 10%... And don't forget to take the profit!!! J”hn

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