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Strategies & Market Trends : Daily Graphs

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To: drsvelte who wrote (6)2/10/1999 5:25:00 PM
From: Nikita  Read Replies (1) of 11
 
DrSvelt, I too am avoiding long positions. I think daily graphs works
superbly when the market is sideways to upward trending. However,
the market makers love to rape the small guy when the market is correcting. Therefore I would be sitting on the sidelines with
my trading positions waiting for signs of a bottom. It didn't come
today.

Have you had any success identifying shorts with Daily Graphs.
I've had a few successes in the past but am a bit laid up w/recovery
from medical procedure and have not had chance to look for these
patterns.
N.
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