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To: Casaubon who wrote (33376)10/18/2000 8:52:05 AM
From: horsegirl48  Respond to of 42787
 
I was only kidding, dumplings are what Donald always eats and cooks. I got his recipe and I will say if anything could turn this market around are his dumplings.
HG48



To: Casaubon who wrote (33376)10/18/2000 6:56:06 PM
From: Lynn Goodman  Read Replies (3) | Respond to of 42787
 
Casaubon, you have just hit the nail on the head re a problem that I have been having. I have been spending hours upon hours trying to learn patterns described by O'Neill, principally the cup and handle. I scrutinize the IBD Naz and NYSE "stocks in the news" that show charts of selected stocks. I rarely can find a good cup and handle, particularly where the handle drifts down on lower volume, etc.

I had been thinking that if I got proficient in recognizing this kind of pattern, I would have a shot at making good trades (I trade stocks long, nothing else.) I have made about 6 poor trades in a row since September 1, most recently SSTI for a 25% loss in 2 weeks, and this is getting frustrating. (The good thing is, I leave most of my capital long term in "Gorilla and King" stocks, and they have fared pretty well. Nevertheless, I would like to learn how to pick up a little cash by trading short to medium term in stocks.)

So, if the cup and handle breakout is a rarity, what would you describe as a good pattern to look for that occurs with greater frequency? I would very much like to know about something that I could learn by using IBD as a tool- I really like the paper and have become familiar with it.

TIA and regards, Lynn