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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (5272)	6/15/2001 11:09:55 AM
From: chowder	Read Replies (2) \| Respond to of 23153

* A word about technical analysis * I use technical analysis to help me with my "short term" trading. When using TA for short term trading it is important to recognize that any sort of catalyst can throw a monkey's wrench into the works. For example, yesterday I was looking at FWRD based on the charts from the day before. All of the indicators were flashing a buy signal. In the premarket yesterday, one of FWRD's competitors was downgraded and FWRD's share price suffered in sympathy. Hence, I never took the position. Now I'll wait for the indicators to turn positive, provided I wish to visit with this stock again. No method is 100% correct. TA is used to help get you on the right side of the trend, but be aware of any catalyst that may reverse your trend. By the way, I purchased some KKD and it's going to the moon. I know it's overvalued, but when I was in Boston last week, I read where a Krispy Kreme store opened on Long Island and people stood in line 3 hours to get a damn donut. Based on that information, this stock is going to the moon I'm tellin ya. Y'll better get you some! dabum