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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?

To: Tai Jin who wrote (127)	10/29/2000 10:38:42 AM
From: Threei	Read Replies (1) \| Respond to of 867

It's almost impossible to catch a fast drop. Well, may be they kill that uptick rule... then shorting would have certainly became competent part of the game (aside from borrowing issue). I've also noticed that trends usually occur in three or more waves. So there should be at least two other good entries to be had before the trend reverses. Yup :) That's how we played ADCT on Friday, shorting it at 18 7/8, once again on 17 1/2, then reversing to long side at 16. Amazing how your entire trading changes when you realize that your job is NOT picking the tops and bottoms but rather spotting the trend. Vadym