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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (74067)4/3/2001 9:31:07 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
once the parabolic trend has been broken you get out

That's exactly how I played a largish position (for me) on the biotech play. After identifying the top and locking in nice gains, I held some for longer term mindset. When the parabolic support level broke, I flushed most of the position. I think I could make a lot of money in the next bull market. If only it weren't 15 years away <ggg>