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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (16916)	4/9/1999 12:05:00 AM
From: hjz	Read Replies (2) of 34810

Judy, I think we have all gone through the timing trade problem. I think it is inherent to trading like this, it is impossible to trade on the highs and lows. I have noticed this thing about Internet stocks that it seems as though there are alot of people who are on for very short rides and the minute a stock goes down 3 or 4 points they jump right off. Of course the stock then starts a free fall. I guess a decision has to be made about what profit you are happy with and then put a stop loss to protect against that drop that always comes. This has been one of the problems I have had with the Internet stocks is that my Stop loss is hit and then the stock rises another 20 points. I don't know if I will ever be able to fix that problem but I am working on it. HJ

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