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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (21909)	7/6/1999 4:52:00 PM
From: shasta23	Read Replies (1) \| Respond to of 69866

Hi CLINT! >>Take a look at intraday chart of GNET and the 11-point drop in the last hour. Makes you sick seeing what you're against, when you are long or short these stocks.<< To me this is the old fear and greed in an amplified version. But then again nobody is forced to trade these kind of stocks and i for my part decided that i'm not good enough and not technically well equipped enough to trade these stocks. And then there are people like Trader Alan(on the Daytrading fundamentals-thread)who say that there are other stocks out there which supply enough volatility but trade in a more controlled way. AMAT might be a good example. You might not make a killing with these but at least you can go to the bathroom or pour yourself another cup of tea without loosing 5-6 points... BTW thanks for the INTC. I looked actually at the chart yesterday nite but then i made the same mistake as always: too many stocks on watch list and then i loose the oversight.After looking again i followed you at 65 1/8 and the stock closed almost at the low of the day. If it breaks under 63 then we're in for a nice ride. STEFAN