Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: trilobyte who wrote (717)	2/11/1999 8:58:00 AM
From: Greg R	Read Replies (1) of 2259

tlb - To trade with. At the point where AC was on the chart, a stock would frequently follow what was the Lower-Boundary line of the last bull set upwards for about three days before breaking through. Until it broke through, it would not be committed to the next bear-trend and the timing would not be optimum for a trade. As it turned out, it did not follow the typical trend up and broke through later that day. The signal was clear and I shorted. The plots for the stocks I am following are updated several times a day looking for the tell-tale clues that will indicate opportunity in the most timely manner I can. Who cares if 30 minutes earlier opportunity did not appear to be immediately at hand. To make money you have to be ready to move ASAP and take advantage of the opportunities as they are presented. Here is wishing you the best of success with your choice of analysis tools. You have yours, I have INPATHIQUE. As long as you can make your tool "sing" for you then what does it matter what you use? Greg

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