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


To: TREND1 who wrote (25361)8/23/2001 8:16:19 PM
From: TREND1  Read Replies (1) | Respond to of 30051
 
Looking at the Nasdaq at the close, there is no way
I could be, except Daily Bearish and Weekly Bearish.

geocities.com

Larry Dudash



To: TREND1 who wrote (25361)8/23/2001 9:28:58 PM
From: William B. Kohn  Read Replies (4) | Respond to of 30051
 
Here is a post for those who'll listen.

I don't do well in the market. I'm not Zeev. When I look back at the reasons, they are simple I sell my winner's too early, that ought not be a problem, because I'm not being a pig, and pig's never win. The problem is that I don't listen to my stop losses, and create large losses over what should have been small losses. Right now, I'm long EMLX and EMC, and NEWP all positions which I opened much, much higher than they are currently. I promise to learn from my mistakes but don't. If you see yourself in this scenario, try to learn.

I get incredible information from SI, and I'm hoping to use this to point out the biggest problem I (and I believe many others have) Please learn and take your losses early rather than late.

For what it's worth, I sold IDPH, today at $57.50 not a bad run in the last few days from under $50. All I need is about 20 of these transactions to make up for past mistakes.

willyb kohn



To: TREND1 who wrote (25361)8/23/2001 11:08:13 PM
From: Rich1  Read Replies (1) | Respond to of 30051
 
Told you cycle guy had low 19 through the 21st then higher to the end of month.
Then we have the first week in September higher 17 out of the last 17 years..I aint fighting that..
We may get a flush and fill some S&P gaps but we going higher IMHO..
Cant believe the BU$$ under $5..
Zeev you were right..<gg>