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Strategies & Market Trends : Technical Analysis - Beginners

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To: bdog who wrote (7863)	1/18/1998 7:39:00 AM
From: Chandler H. Everett	Read Replies (2) of 12039

Bdog.......a stock is only forced "long" is you don't have a system in place to take you out when a long trade turns south. There are always long trades to be done in any Bear Market if you are able to find stocks that have established Up trends....then you just ride them further if your signals tell you that you can. The Market currently is sloppy, but I've been able to ride TGIC from 31 to 36. Besides being a stock my firm likes, it fit the criteria of a Type One trade in GET. I may have been able to run it farther than in a true Bear Market, but I would have made "some" money if I were only doing long trades. I'm not afraid to short when the signals are right, but I AM still afraid to either buy puts or sell calls. BW Chan

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