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Strategies & Market Trends : MACD has been good to me....How about You?

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To: Big Al who wrote (791)2/4/1999 6:23:00 PM
From: TLindt  Read Replies (1) of 1109
 
Allen I see it coming too.

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And this time, bout the only thing I can do...is plug my nose, put in the ear plugs and hope it supports on the 50DMA. With costs on my non-IRA positions below $10, and My IRA positions in the teens. If I sold now to protect my long position I could really get screwed either on short-term capital gains non-IRA...I'd need a 10+ correction just to cover the taxes...the IRA stuff? I really want to hold it, don't want to mess with it.

So the plan of attack I'm taking on this...buy the MACD bottom to get a near the Money trading position...to work with this year. Cause the other non-IRA are non-tradible because of the amount of gain and tax involved in taking the profits up here.
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