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


To: Chris who wrote (11734)7/14/2001 11:46:25 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
** CHARTS UPDATED **

geocities.com

basically, my own indicators are setting up for breakout on naz/ndx. BUT, until it does so, I am cautious, especially with that gap so close.

I currently have 15 short term profitable positions (holders included) with trailing stops. Since the market will be waiting for IBM earnings (july 18 After close), I will be taking some profits off the table (assuming we have not broken out yet)

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My avg trade period is 7-15 days
My avg gains recently have been 8-10% per trade
My avg loss is 2-3%.

Again, as seen last week when I failed to act promptly, things can change quickly to the downside.

Not a recommendation to buy or sell.
Please do your own research