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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Electric who wrote (7400)3/27/1998 12:45:00 PM
From: Chris  Read Replies (2) of 42787
 
daily on buy signal for dell, but im very wary of the tech sector. also, im worried about the weakening weekly charts.. still on buy weekly, but there will be a change in trend soon (continue higher on a more powerful move, or we start pulling back).

i think small caps are looking good.. still watching the oil sector.

banks have done well, but on verge of pullback as soon as the SPF financial index breaks below the 9 day ema.

i like the 5 day ema.. i really do.. im developing a strategy where if the stock falls below 5 day ema, reduce position (not 100% sell), and then if below 9 day ema - 100% sell.
add position if stock breaks above 5 day ema after consolidation/pullback.

trying little strategy stuff.. very happy with the trading results so far.

one note: to me, success in this society, is who can move the fastest, learn the quickest, catch the latest fad/technology before others do, being 2 steps ahead of everyone else. it's not about how much knowledge you have.. it's about how you use that knowledge..

see ya.
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