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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Lost to Voodoo who wrote (3018)5/17/2000 5:01:00 PM
From: Copeland  Respond to of 19219
 
Usually I pride myself on detecting upside breakouts (and as a result, I try to make the bulk of my money on position trading them instead of testing my will with unsafe intraday plays).

However, recently, I ignored two nice ones that were lighting up my screens because of market conditions and chickened out on one that I shouldn't have exited (remember XLE -- called it on this thread in late April at 29 3/4 and I sat on my a** watching that index steadily run to 32).

As you mentioned, there should be a few more candidates in the upcoming weeks ahead.