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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?


To: KipferlMeister who wrote (1967)2/28/2002 3:10:14 PM
From: Nemer  Read Replies (3) | Respond to of 11288
 
Michael ...

my def of strong hands really isn't important ....
really ... it is NOT ...

conviction ...
shares ...
money ...
strength ...

a trader who posesses "strong hands" (in my opinion) cares NOT for the direction ...
cares NOT for having to "be right" ....

that successful trader cares about putting 'their money' into 'his pocket" ...
and what ever he has to do in trading to make that happen is ok ....

I'll call an end to this discussion .....
sorry I got it started .....

maybe tomorrow ....



To: KipferlMeister who wrote (1967)3/1/2002 7:05:19 AM
From: greenehugh  Read Replies (1) | Respond to of 11288
 
"I, too, would be interested in an expanded explanation of what "strong hands" are." One stock, in which I have a large put position, has recently been going up contra the market while block moneyflow and OBV on the daily has been negative. Two doji's on the monthly with the weekly and daily at the top of the Bbands.That to me shows strong hands are selling.Comments welcome.