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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (33657)	8/20/2001 12:29:11 PM
From: The Ox	Read Replies (1) \| Respond to of 68399

Out of VTSS at 14.90 and looking pretty foolish right now. Sticking to a set discipline is very important when trading and there will always be situations where hindsight says one should have reacted differently. I came very close to pulling the trigger and while my stop was lower than your's, the only reason I held was a gut call. Gut calls can have seriously adverse affects on normal trading disciplines and I tend to ignore them on most stocks. I have followed VTSS for years, so I *think* I have a much better feel for how it tends to trade. If I'm trading a stock that I don't follow as carefully, I'm much more likely to stick to the original trade parameters and ignore things like gut feels.