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Strategies & Market Trends : Joe Stocks Trader Talk -- Ignore unavailable to you. Want to Upgrade?

To: NCKEV who wrote (470)	3/7/2002 6:39:36 PM
From: Joe Stocks	Read Replies (1) \| Respond to of 787

GNTA chart looks very positive. For a position trader almost too positive as we should see some profit taking soon. Quess it depends what your goals are. In bear markets I hardly ever hold longs through to breakout taking the profit instead and placing a buy stop above a breakout area to get back in. I'm happy just to trade the channel. Too many failed breakouts in a bear market. Now that's a whole nother subject. Are we in a bear market or the beginings of a bull market? Got me??? I'm still playing it bearish so looking at this chart I would start moving up my trailing stops to lock in a profit. Of course you may want to let it play. Do you have an exit strategy in place? askresearch.com Joe