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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (6045)4/19/2001 6:34:58 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
Here was Heinz's response to my question about the 23rd turn date...

To:JRI who wrote (96504)
From: heinz blasnik Thursday, Apr 19, 2001 6:26 PM
Respond to of 96543

impossible to know...and absurdity is this market's normal state of affairs. it's not really a market...it's a pokemon card game for big kids...-g-
i'm really considering that this might have enough momentum to carry into May 2 with little interruption...otoh, all the delta hedge supply from this expiration should come back into the market next week, so it probably won't be quite as exuberant if it happens. believe it or not, the TRIN is now more overbought than at the top in March 2000.



To: Lee Lichterman III who wrote (6045)4/19/2001 8:49:17 PM
From: Chris  Read Replies (3) | Respond to of 52237
 
I want to say "hi" and post couple charts.

geocities.com

Over the last few weeks, it was an interesting and eventful period. After the DOW broke my 5 yr trendline, I started shorting the Dow Index stock (DIA's), noticing paul shread's rising wedge.

I shorted the DIA's 4 different times. I was only successfull 1 out of 4 times. Net, I had a 6% loss. Again, as many of know, I'm sticking to my new risk management plan to cut my losses faster.

Looking back I did well, because if I didn't stop out, I would be down 11-15% right now.

Flip side, my indicators did very well on the market rise

Message 15639775

I had some losing qqq/xlk that have recovered and I am doing well. I have already made up the small 6% DIA short loss and net positive.

It's a tough market, but with a trading system that works (this year, 62% winning trades), and good risk management system.. Trader's should do well.

Past performance not indicative of future performance.