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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Dick Brown who wrote (11662)	3/9/2001 10:16:54 PM
From: Ronald P. Margraf Sr.	Read Replies (2) \| Respond to of 12039

Hi Dick, That sounds very good. Good advise but what about the working stiff that doesn't have access to a machine or the radio? One that buys on his brokers recommendations that this company is a winner? What about the folks that where on margin an where at work an the experts where saying that Amazon was going up an all of a sudden it took a 25% hit? Those folks didn't have stops. Then the experts said that it was still a buy, don't worry about it. Then it takes another 25% hit. Get real. How many folks thought Oricale was going to take a hit when they said that they wouldn't be affected buy all this. Asked the folks over at Chrysler. Worth 2-4 bill. only to find out that they might have a cash flow problem. Ask them if they had stops. BBs don't have stops. You can't place a stop. Now just recently the SEC said that they appoved it so I would expect in the next couple of months one will be able to place stops. So Dick, why is it so hard to not buy the senerio? It is real. Very real. Anyone that thinks it is a perfect world is in La La Land. It has taken me many years to get to where I am right now an I'm still not there, where I want to be. Even the so called pros can't predict what is going to happen next. They are loosing money for their clients left an right an blaming it on someone else. % centages are a farce. They mean nothing. Look at MOT. If one was to sell everytime they where down 2% or even 10% they would loose all their money trading out of it only to see it go back up the next day. That is why the program is so important. You can drop the percentage thing an see what is really going on. Brokers are in trouble. This board is a testement to that.;-))))))) Ron