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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (887)2/11/2002 9:28:23 PM
From: moorso  Read Replies (1) | Respond to of 208033
 
It sold off long term or short term? My guess iz dat that wuz determined by whether or not the market in general wuz trending up or down. I'm lOOking longer term, or at least trying to. I want to ignore those daily zigs and zags. I look at a lot of stock charts and the real money is to be made on those long run ups or run downz if ur a bear. So wid dat in mind, the question to meself iz how to predict the start of a long run up, or when to get out when dere is the start of a long run down.

I tend to get trigger happy when I tuck a lil profit away and miss 75% of the remaining profits. Da boyz give her a lil zig down and I tink shes off to the basement and I'm out. Well duh, then I'm too chicken to get back in. So I want to get as much of a long trend up as possible. Watch how well da clx 30's (for example) point u in the rite direction. Watch what offsets are coming off each day. The larger the negative offset coming off, the higher the average will be the next day.....so look at the correlation between this chart and the average itself. I'm in da discovery phase (as long as that has taken me...lol) and looking for confirmation in the dayz ahead. (I can hear da chief chucklin now). U gots graph on ur ss ? U need it if u dont. Send it my way dis weekend and I'll try ta set u up if u want. I babble.

mOOrso