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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (1432)	8/18/1999 7:52:00 PM
From: Vendit™	Read Replies (2) \| Respond to of 19374

Doug askresearch.com In the above link if viewed before Thursdays open you will see 2 indicators that I watch for weakness. The fast (black) stochs line and the money flow line are both are early warning signs. If they turn flat or change their direction to down, view this as a sell signal especially if they both look this way in a declining market. I know you don't want to hear this but I sold CNCX about 5 minutes into the open this morning at $26 1/8. My decision was based on the opening market weakness. I also sold AFL at $46 and VERT at $78 3/4. Doug I watch my positions very close during the day and also use market sentiments as somewhat of a guild line. As is turns out I was right on all three of those stocks. That made me feel so good to be that smart that I turned around and bought a hat load of ATHM about 2:15 @ $41 1/2. askresearch.com Now it has the same sell off situation that CNCX does. The MACD signal is still strong. We will see........you have to take the good with the bad. At a time like this in the market I view most of my trades as very short term positions. I would recommend the same for anyone who is not truly long positioned in a stock.