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

To: Iris Shih who wrote (23462)	9/6/1999 10:25:00 PM
From: Clint E.	Respond to of 68396

Hi Iris. As far as trading, I was driven by greed when I started out. I think most of us start there. It was thru loosing tens of thousands of dollars in a single trade in stocks like ADBE, CSCC(last drop from 40-25), WSTL, CAWS, SDTI that I learned to control my greed & bad trading habits. It took a while. You've heard of "loss aversion"? That was me for a while, clinging to some of my stocks that went down(some on intraday basis that turned sour next day), expecting them to return to the price I paid for------and then having to sell at greater loss. Nowadays, I take the pill. I get out early and it doesn't bother me a bit even if the stock recovers. I sleep better. >>>Can you tell me the rationales behind your dog list? Just want to be able to spot stocks that are acting better, do some research to see if company's fundamentals appear to be improving, and then buying some shares in anticipation of catching a sweet ride. Remember SPCT more than 18 months ago? Something like that. Clint