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

To: TechTrader42 who wrote (11733)	3/21/2001 5:49:52 PM
From: Dick Brown	Respond to of 12039

Well I look at it this way.. Once the price is near or at a support area.. I'll buy at xyz and if my support is violated I'm selling at abc.. As with ORCL it was flurting with a support area for several days and then blew through it on negative news.. I would have been out..business as usual..for me it was worth a shot..maybe not for others.. If someone thinks that getting stopped out isn't part of the game, pick a different game.. The focus shouldn't be on trying to be right all the time .. that is impossible and leads to unrealistic expectations.. But if I say I'm willing to risk $200.00 on a trade and it doesn't go my way..that is OK.. If someone says mortgage the house and buy CSCO..that isn't OK..

To: TechTrader42 who wrote (11733)	3/22/2001 4:28:18 AM
From: Ronald P. Margraf Sr.	Read Replies (2) \| Respond to of 12039

Hay Brook, don't take it so personal. Just trying to strike up some interest here.;-))))))) Just because the wonder stocks are down 60+% doesn't mean that there isn't light at the end of the tunnel. After all, if they go below 5, they are my game. I think they call them pennies. It looks like a lot of those high flyers are now going to me my game.;-)))))) XRX is playing with it an I think I can go through the list an find a whole lot of 50,60, 100 dollar flyers that are now in the 2-3 range. I mean after all, look at Price line.;-))))) Now you want to talk about risk. Whow, where were the pros on this one? Where were the pros on TWA? Talk about risk.;-)))))) Now lets see, hummmmm, the list is too long to post here. Gosh, TWA a BB, Price line, BB an I could go on.;-)))) How many millions or should I say billions lost?Gee, a much better place to put your money then in the BBs. I guess someone didn't do there DD or have a program that worked.;-((((((( Obviously the pros didn't. Ron