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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (93119)	4/13/2000 11:20:00 AM
From: Jenna	Respond to of 120523

PHCM..placed buy limit 99 1/2, above 20 PERIOD moving average on the 15 minute chart. Covered 97 11/16 Better than the $169 "I was told was a good buy".. look for a 200 day moving average breakout at 105.. But that's daily chart for 15 minute chart PHCM breakout on 37 ADX, MACD just broke out on 15 minute chart.

To: Jenna who wrote (93119)	4/13/2000 11:20:00 AM
From: John NY	Respond to of 120523

It's funny, in the past, I have gotten out of trades I thought didn't look so good, before my stop. But then I'd decide to get out as it was rising from my stop, but still lower than my entry. Then I would exit, thinking I was recovering some of the loss from the risk/stop amount, but if it's rising, it continued. So my new rule was to only sell at the stop, break even, or gain. That is, if I decided to accept the anount of 8 percent risk, then use that room for movement. The adjustment I have to make is that if it is looking too bad, not just bad, then save some of that 8 percent and exit. Far too subjective still. It's way to simplistic so I'm going to think about it and come up with something more objective, quantitative. I am learning so much from all my losses, by the end of the week I'll be a homeless genius.