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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (8050)	6/8/1998 11:40:00 PM
From: Susan Saline	Read Replies (2) of 9262

continue [ strategy - type of ] >>>I sometimes, later, find myself buried in an Issue even after I notice it is starting to turn bad TA wise, especially if I really like the Issue and forget to pay attention to the Chart because I don't believe that an Issue I like will actually do a Fibonacci Retracement or a Diastolic Wave (if ya don't know don't ask) and because that scenario doesn't seem like a possibility at the time of my decision to invest in the issue. [ how's that for a run-on sentence? ]<<<< fibonacci...I recall you and ls had a conversation about this once before...I didn't ask then and am not asking now <ggg> >>>>It sometimes reminds me of an old fairy tale. The one with the phrase ... Nibble nibble like a mouse who's that nibbling at my house? I think when they nibble away the price of an Issue it's the worst. [ remember to set Mouse Traps!!! ]<<<< us poor people that had hamsters and other mouse like pets...have a hard time with those traps...and yes when they nibble nibble seems harder to let go, than if the suckers that just go down...right away...making it easier to admit error and exit. >>>High Hopes simply don't cut the Mustard when the Chart starts saying sell. Emotion which is contrary to rationale sometimes keeps me in. That's the Worst Mistake I've made recently besides Averaging Down.<<<< AS you may know, often I trade symbols (via the chart) and do not even know what the company name is or what they do or sell. No emotion that way, just gimme the numbers (don't tell rainier <gg>). >>>I need to learn to let the profits Ride <<< don't we all Mostly I short term trade...trades from 1 to 4 days >>>Same here but I don't limit to 4 days on some I really like ... <<<< ah ah...this we have in common >>>>If I suggest a stock I fully expect it to go up within 30 days and have little downside risk but start on it's journey quickly.<<<< ok...that works too >>>>Sometimes ... If I really like a stock ... I get afraid to trade it because I want to be in the Issue at the Best Price Position !!!! <<< need an example for this one "and on to #1 someday soon" <bg> Sue :o)

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