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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13617)1/29/1998 8:52:00 AM
From: James F. Hopkins  Read Replies (3) of 94695
 
Hi Bill; What gets me is, is my main indicator was positive, and
I went aginst my own indicator, because the money thing, said
down ; yet I'm the one who says indicators should confirm one another. This is not a habit with me, and at least I caught myself at it.
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Market looks up at the open this morn, past that I don't know
but I cant watch it today ( doctor app. ) so I'm closing my
short on the open at market. Lucky for me I was only playing
300.
Did you follow that post were I think; say all things even,
like I mean say your long one time, and short the next,
and the market goes up 10pts when your long, and down 10pts
when your short. I seem to be able to do better on the long
side, with the same market move. That appears to be because
of the way the market gives you less time to get in and out on
the short side, like the short side trend more often
ends with one steep drop that don't last long, and it's
hard to close on the bottom of it. The top can fool me
but at least for me I seem to be able to exploit more of a
trend up than one down; other things being equall.
Also maybe with the up trends I'm not as greedy, and don't hold
untill as much of the reversal catches me.
Jim
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