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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (26844)	9/23/1999 4:55:00 PM
From: Fun-da-Mental#1	Respond to of 99985

Don't fire until you see the whites of their eyes. That's how I'm playing it. I was tempted to place sell orders now for execution in the morning, to cut my losses if there's a big drop, but I decided not to because my stop loss levels aren't broken yet. I'd rather be forced to take a loss than take a loss unnecessarily by getting out at a short-term bottom. I may regret it tomorrow if there's a panic and I can't get orders filled, but my experience (what little there is of it) tells me to be patient. Fun-da-Mental