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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (37170)12/4/2000 12:05:24 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I've probably developed too much discipline; I've been blown out of 4 or 5 shorts in the last three months that would have been very profitable. The market does everything it can to fool you into thinking you're wrong. I should probably add a new rule, to give my shorts three days to work out; I'm finding I'm usually early by 1-3 days. I so far have done well this year by being in the right place on the long side, but the Dow last week made me worry that that wouldn't be the case anymore. However, today looks to me to be the start of a pretty significant move in the old industrials. Unless the market's trying to fool me here too.



To: Terry Whitman who wrote (37170)12/4/2000 12:45:42 PM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
INDU did not break its downtrend at today's high; descending triangle still seems to be in force.