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Strategies & Market Trends : The Rational Analyst
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To: HeyRainier who wrote (1488)10/23/1998 3:59:00 PM
From: Wink  Read Replies (2) of 1720
 
[QSNDF]

I pulled the trigger and sold a little late on this one. The Harami on Wednesday told me to sell on Thursday but I got greedy and tried to get $2.00 (it peaked at 1 31/32). Confirmation of the Harami came yesterday telling me I waited too long. Instead of making 50%, I only made 35%, but for a one week trade it was much better than watching my other micro-stocks get punished.

The next time I will listen to the charts, and take my own advice, which was that the Stochastics had already confirmed and not to wait for confirmation on a Harami. (I also was fooled a bit by MACD, which was still approaching a crossover.)

Thanks for turning me on to Candlesticks! Like I said, a day to read and a lifetime to master (if your lucky)! ;>)
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