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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (20532)	4/19/1999 5:36:00 PM
From: Robert Graham	Read Replies (2) of 42787

Good to hear back from you, Dennis! I get frustrated when I see people walk into the gaping jaws in the market not seeing the danger. This has and will happen to me, so I am no different. But for some reason this frustrates me more when I see others do the same, particularly to good people like yourself. If you found a system that works for you that has been proven in different stocks and different markets over a long period of time, by all means stick with it. I am not suggesting otherwise. But what I am suggesting is at least keep a mental stop on those stocks you trade that you will follow through on. Also IMNSHO never, never double down on a short term trade. I have only heard of expert traders pulling this off successfully, and I rarely see one here at SI successful at it, and this includes even the more experienced traders. Usually the trader ends up placing the stock in their so-called "intermediate" term portfolio. What a term to use for mistakes that can become bigger mistakes! I will check the daily charts for the possibility of a bounce with the techs. No offense intended, Dennis! Bob Graham

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