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

To: LeoSTI who wrote (24619)	11/21/2001 3:01:22 PM
From: donald sew	Respond to of 52237

LeoSTI, >>>> On November 14 you mentioned that you initiated a small position in USPIX. You had been adding to the position until Nov.19. Why did you stop adding on Nov. 20? <<<< I did not add on NOV 20 yesterday, because it already sold off, keeping in mind that I am dealing with closing prices. I got the firm CLASS 1 SELL on a closing basis on MONDAY and that was my last purchase. Also, I NEVER CHASE - just out of habit. Im either going to be timely or early, but I refuse to be late. I cant stand those who are, so called, "fashionable" late to a party so they can make a grand entrance. gggggg Its just my trading style. Its quite common to see me stepping in taking the opposite direction of the trend after a significant move, since Im anticipating a pivot point. Please keep in mind that I really dont have a linear mentally in trading - meaning that I wont wait for reversal to happen before I step in. If a reversal starts before I get in - I then just stay out.