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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (16448)	7/2/1999 11:47:00 AM
From: Susan Saline	Read Replies (1) \| Respond to of 43080

I felt bad for you Barbara ... a common fault that I often have ... is selling as soon as I get to breakeven (on a losing position) ... it is the 'whew' effect ... and more often than not ... that point is the resistance level, and once those sellers are all out, a stock has no where to go but up .... ala ... no more resistance. I will probably take profit on GOTO today, as I cannot see it having more than a nice three day rally, before coming back to earth a lil bit. Take a look at the DIR ... I have bot 2 portions now ... an early 'WITC' I think. Should be getting upgrades soon, by some quality analysts.