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


To: Gersh Avery who wrote (38409)12/19/2000 2:14:24 PM
From: Trading Machine  Read Replies (2) | Respond to of 42787
 
Gersh, I know it appears that the indicators are FUGLY but.....

They are still working, at least I think they are, it's just that when your bet fails the test you have to stop loss. This is what I didn't do on this last run up. I said that OEX would break out at 734, I just didn't look at the other charts which were clearly not in a break out. As a consequence the "break out" on OEX failed and I didn't sell. Stupid!

But the indicators are still there and IMHO still valid. Don't give up the ship, just work harder and apply more discipline!

CU

Paul K.

About 2 minutes until the Fed announces, I think I will go to the toillette!ggg