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


To: smchan who wrote (7124)5/17/2000 5:30:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
You contrarian you! Strangely enough, today was a great day for longs. Nice trading! Even 1% per day will get you to those sandy shores very quickly!

What did CMGI do today? Haven't looked at it...

LCOS would have been a great short too. The crossover signal was there with profit to spare...but I've stopped following LCOS. Too messy.

TC.



To: smchan who wrote (7124)5/17/2000 8:14:00 PM
From: MMK  Read Replies (1) | Respond to of 39683
 
Sam,

Great day for you! Congrats! Today was the first day I really spent focusing on longer charts and was surprised when I noticed that had I gone the way the chart crossed, I would have had at least a point very soon after following the trade. It was hard for me to stay with the next crossover and not to close out my position. I also watched the Nas very close as it seems just about every Nas stocks intra-day chart is a mirror to the Nas these days. But trying to stick to...hmmm...what is that word? oh, yes, discipline gggggg

MMK