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Strategies & Market Trends : Technical Analysis - Beginners

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To: BreakOut who wrote (9843)3/15/1999 10:10:00 AM
From: bdog  Read Replies (3) of 12039
 
BreakOut, "You found the Holy Grail! You didn't, if Monty Python couldn't, nobody can"

hahahahahahahahahahahahahahahahahahahahahahahahahah LOL!!!

way too funny...

Great post. I have never been much of a paper trained dog, but if folks don't believe that real trading is different try trading BAMM. I was taken to the cleaners while my "paper" plan made $. Got filled at the top, way above where I was planning the sell...

I just look at the floors of brokers, analysts, bankers and traders filling the downtown buildings... if they can't do it, what makes me think I can...

What long movavg are you looking at in regards to the R2K? I am looking at the 200 SMA. I would like to see it bust through that with a strong move. Also looking for it to break a trend line from 1/20 - 2/1, a 407ish value today.

Reason for asking about MA... there are sooo many to choose from...
does any body use a fib, say 233? the R2K is below the 200SMA,EMA,VarMA , above the TSMA, TriMA, and riding on the WMA...

then we could throw a Richardian 89TSMA with an 8EMA 7 day HZ shift at it...

200SMA seems like a good support/resistence starting point for me...

bMauidog

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