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

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To: Magnatizer who wrote (11377)	7/8/1998 1:18:00 PM
From: Chris	Read Replies (2) of 42787

great! we can all make money now <g> just wanted to warn everyone that we are now buying during the LATTER parts of the mkt rally. this is dangerous because any pullback will take our "small profits" away (no one can predict the absolute peak). what i am saying is to be extra careful when buying stocks. make sure you're entries are correct and exit plans already done. I recall on the last top during march-april, i bought some stocks LATE in the rally. What happened? well, i had gains for awhile.. then mkt turned and top formed. my gains became losses. one by one, i cut them. sell #1, sell #2.. 1 week later, we find out that it was the TOP of the mkt, and the correction was coming. notice: you can't tell if it THE mkt top until after. that's why when you get a sell signal, it's given for a reason. on after the fact, do you really know it's a mkt top. dont outguess the mkt, just follow through your signals.

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