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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (21676)7/26/2001 4:10:32 PM
From: GTC Trader  Read Replies (2) | Respond to of 30051
 
Steve,

Good response to RetroTrader!

I am holding my MU shorts, too.

The upper trendline looks to be around 41.5 today, to me. Perhaps 41 tomorrow. Will have to check again tonight.

Out of curiosity, have you heard of HM Hurst and his "Profit Magic of Stock Transaction Timing"? This is how I heard of Brian Millard's work. He based his entire study for the past 20 years on Hurst's work, supposedly. Very interesting, but it will take a lot of work to convert the theoretical into the practical. Hurst has a 1000-page 200-hour course on this stuff. I hope to get through it within the next year or two, so I am starting with Millard's stuff, because it is ... well ... shorter. Plus Hurst's stuff is 30 years old and Millard's is current.

Thanks for your helpful comments!

Go MU! ( ... down ... )

gtc



To: Steve Lee who wrote (21676)7/26/2001 4:14:08 PM
From: Mark Johnson  Respond to of 30051
 
<<No need to panic if your entry, exits and stops follow rules ;).>>

Good for you...you just might be the smartest kiddy trader out there...

I don't see mu spiking up tomorrow so worst case you'll control your loss....

Good Luck,

MJ