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Strategies & Market Trends : The Rational Analyst

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To: FJV who wrote (694)	4/21/1998 9:57:00 AM
From: HeyRainier	Read Replies (1) of 1720

[ SNRS Chat ] Franco, the dilemma about emotion and discipline is correct. I've seen these situations happen quite a few times already, and they exist for reasons beyond reason. However, I've seen the result of giving in to the former in my trading, and the results have always given me cause for regret. I think with my answer you already know which path I have chosen. As I type this, I am expecting quite a bearish candle to develop. Already we have a bearish Meeting Line, which could develop to a Dark Cloud Cover, or even a Bearish Engulfing. Too much emotion appears to be in this issue, and I am just wondering how a reversal in sentiment will be shown on the price. But I've been humbled before in my bearish observations for SNRS. Maybe the second, or third time around will be the charm <gg>. Regards, Rainier PS. Your observations on the 89 dma are right in line with my rationale for using them. I picked it up from Ray Cunningham, so I have him to thank...that was the big dma for OMGA the other week.

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