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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Doo who wrote (9922)	8/13/2001 10:55:17 AM
From: JRI	Read Replies (1) \| Respond to of 209892

OT For support/resistence, most/all the guys I follow chart COMPX (and not QQQs)....Since QQQs almost always move direction of COMPX (proxy), I don't feel much is lost in translation (if I post where COMPX stands when I make a trade vs. QQQ) For some reason, its just easier for me to post the COMPX; Is a bit kooky, I admit, but after I enter trade, I usually post that here next thing, (and since I'm trying to do everything quick) and I don't check confirmation (of QQQs price on actual trade) until after that, so I just eyeball the COMPX to give the report here..and then I check price on trade...btw, I use mental stops quite often, something many traders disavow totally, but it works for me. Of course, I got QQQ prices w/COMPX on screen, but I just usually trade off of key levels on COMPX