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


To: waverider who wrote (22013)10/18/2001 3:15:15 PM
From: Jan Crawley  Respond to of 52237
 
wondering why you decided to pick the first FIB 38% level as a buy

Hi, this morning/the Yhoo limit buy was intended as a day trade vs. a position trade. The risk/reward was not a big issue regarding day trades but the tapes were.

I bot Yhoo earlier at $8.24 and that was more of a position one. Generally speaking..risk = price of the stock and % of my trading portfolio and my F/a judgments...

Regards.