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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (1691)	3/29/2001 7:14:23 PM
From: Davy Crockett	Respond to of 5144

JDSU should be better now Shaw... 'cause I bailed out. Gotta revisit my notes from September about the risk involved on those overnight holds... Wiped out my gains from last week on that stupid trade... JDU on the TSE (Hourly) stockcharts.com[w,a]eicayymy[da][pc4!c9!c18!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14] I entered this trade on Monday the 27th @10:30a.m. when the 4 crossed both the 9 & 18 ema, I was in it looking for a bounce. However, there was no clear signal to exit the trade 'cause the 4 didn't penetrate the 9 or 18 ema. In hindsite however the Slo Stoc. gave an excellent reason to exit the trade before days end, which was also confirmed by the negative candle @ approx. 1:00pm. Lessons learned... don't get greedy or over confident, in baseball parlance: take the singles, the homeruns will look after themselves... (Oh ya, one more lesson, be very careful of those overnight holds... they can make u or break u...) FWIW, Yours, Humble Peter