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

To: Chris who wrote (31825)	3/8/2002 10:21:05 AM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

I don't blame you, after it broke above the trendline you drew. Also, your own new indicator was showing that the market was trending. It must have been very difficult to stick to your guns, when everyone around you was crying, "Sell!" -- most especially me. Then there were the Class 1 Sells, the sudden pullback yesterday, INTC's drop after the close, etc. It just goes to show that one has to follow one's own system, and ignore all the others. Quite the volatile market. Time to shop for Dramamine or some other motion-sickness pill. (Or just to surrender to the impulse and hurl, with the ramp job in mind.) As I said, my own system now shows more room to the upside, though the CI's can turn at any time. The CI's really need to max out at 100, to put an end to the ramp job. (Betrayed by my own system, which has turned more bullish for the short term. You'd think it'd be more bearish, wouldn't you? My system is a rebellious child, I suppose.) Yesterday, it was somewhat undecided, with the S&P basically stuck where it had been the day before. The truth is I'm not always bearish. When complacency plummets, and the doomsayers emerge from their lairs, I can be just as obnoxious with the bullish case.

To: Chris who wrote (31825)	3/8/2002 10:38:06 AM
From: TechTrader42	Respond to of 52237

My tentative short/sell target this week for the S&P has been 1176, ya know. Any short trade would get stopped out if it went above that. But the CI's haven't given the sell/short signal yet, to confirm. The Naz did last Friday, but that signal was, shall we say, negated. The trade was speedily stopped out. If other sell signals haven't been negated yet, traders must be getting the knuckle-biting ride of their lives. Some gurus' robes must be flapping wildly in the breeze. From my hole in the ground, far below the careening roller-coaster cars, there is no breeze. I can just make out my friend the trend, aloft in the distance. He deserted me for new pals, such as yourself. You stole a good friend from me.