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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: swisstrader who wrote (5108)	10/9/1999 5:36:00 PM
From: Dr. Stoxx	Respond to of 39683

Hi swiss, No losses this or last week...but plenty in previous weeks (3 losses in a row in OSTE, e.g.). But I've shifted my trading in the last two weeks to focus less on entering trades via Stochastics signals, and more on chart pattern breakouts; and I'm also focusing almost exclusively on the very volatile internet stocks I've listed above. So far, so good. But keep in mind I've also been very lucky to catch the resurging internet fever at just the right time. This party cannot last. The mark of a "trading guru" is knowing when it is time to stop going long and start going short. My reading puts the Naz at about 45 points below its first resistance test, with support about 300 points below that! So we may be in for some rough waters ahead. But I must admit, these last two weeks have been fun! TC.