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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: debra vogt who wrote (104065)6/23/2000 8:57:00 PM
From: Roger Schelling  Read Replies (1) | Respond to of 120523
 
Man not much mention here of that action on DRAM at the last 45 minutes.
Only thing that saved me was that I was in a 'consolidation' mind frame on that one and it took out the upper level and the lower level in a matter of minutes.
But on triple 30 day average volume. So I think it did set some boundaries for future trading range. If you were emotionally tied to that one in the last hour it would have scared the daylights outa ya and then had ya kicking yourself for panicking. Or visa versa, you would have been proud to sell at the extreme top of the day(30) to see it drop 3 bucks in minutes. Either way you were left 'kicking yourself' as it came back.

Man what did I learn? All my emotions were tied and tried in a matter of minutes. Not too bad to overcome when it happened too fast to react to, but what about when it takes weeks for this to develop? Yup would have gotten me. All trendlines were being whipped around. Too fast for the 15 minute chart to record.

Oh these markets........so much noise on those short term trend lines.

Happy weekend all,

Roger



To: debra vogt who wrote (104065)6/23/2000 9:05:00 PM
From: Bob Biersack  Respond to of 120523
 
Thanks Debra...glad I held on to my ORCT....been in and out twice