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

To: Ronald P. Margraf Sr. who wrote (11726)	3/21/2001 8:18:35 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 12039

Ron, LOL I think the average Canadian is no more likely to be short than the average American. However, there are fewer restrictions on us, particularly with new issues. I don't short stocks any more, but I certainly did - it was practically all I did. Can you blame me? Nasdaq was building a bubble of a generation. I chose to view it objectively instead of believing that "to the MOON!" and "its a new era" and "this time its different" were valid premises. You could say I did my due diligence. DD is part of T/A. It helps to explain what is going on. You can't really do quality T/A without it. I suppose I agree in some way to this, but the overall market direction or sector direction is very important. A trader to spends their time getting that right, can do quite well without resorting to fundamental analysis. But its all about risk management... price shocks happen.