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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (31146)2/15/2001 6:25:26 PM
From: Dealer  Read Replies (4) | Respond to of 65232
 
I don't want this to come off as bragging. I lost my A$$ last year and I am up a little this year. I have been paying a lot of attention to VENDIT. He has helped me so much.

I bought NEWP March 80 options, this week....when the Fast Sto was under 20 (a possible sign of oversold) and sold today at 3:30 and went to cash. Why? Because about 2:00 my sister-in-law told me not to be greedy....I then checked the Fast Sto and saw that the NEWP was over 80 and my options were up 103% today. I decided to sell even though I thought we might have another up day tomorrow. (that's the emotion thing again).

Just thought this is something that some of you might want to keep your eye on. I have thanked Vendit for all he has taught me.

I also keep my eyes on the P&F charts but they run a day behind the Fast Sto.

The above has kept the emotion out of my trades and has kept me from buying high and being scared out on a low.

Here are the charts I have been using.

stockcharts.com[L,A]DACLYYMY[DC][PB50!B200!D20,2!A!B5][VC60][IUI5,3,3!UH15,5,5!LL14!LA8,17,9!UB14!LK14]

Having trouble with the above link. I think they are updating.

Would be nice if this helps 1 person.

dealie (thankful)



To: im a survivor who wrote (31146)2/16/2001 7:55:01 AM
From: edamo  Read Replies (2) | Respond to of 65232
 
keith..."nt tempting at 20...."

try to avoid temptation on that which is in a downtrend....look for those that have based and are maintaining an uptrend....buying the dips only works on upward momentum....