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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Charliss who wrote (50991)	6/14/1999 10:45:00 AM
From: stan s.	Read Replies (2) \| Respond to of 90042

CS, Hi Charliss. I use TA as the overriding factor and I never overweight anymore. You can have a string of wins while overweighted but all it takes is one or two losses to decimate those gains. As far as CS it's followed rules quite well. I bought in on May 18 at 12 when it held support and moved up and broke resistance...all in the same day. Sold at 15 when it failed to break out of the 15 1/2 area. Don't get me wrong I follow rumors but I still buy/sell on signals. Sure I will miss out if it gets bought out after close at 24...I just don't ever count on those things. I'm far more successful keeping 8-12 stocks rotating on a technical basis from a data base of 300 or so than by worrying about individual plays. Works for me, after a lot of hard lessons, but ya gotta stay right on top of 'em and take off the rose colored glasses. Toughest thing in the world is to sell a stock at a small loss based on TA if your heart tells you it's going to move up. Sold COMS at a small loss to avoid what I think will be a bigger loss. But you already do that, I've seen that from your posts. Best of luck. Stan