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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (12815)	3/8/2002 8:37:00 PM
From: pls418	Read Replies (2) \| Respond to of 23153

dabum, You obviously have a lot of experience with technical analysis and I would assume you use stop losses to protect yourself. Every time I place a stop loss it seems that I get stopped out, even if I put it below a support level, it seems I will get an inter day move down just to stop me out. I would appreciate it if you could share your knowledge in this area with me. I am sure there are other posters or lurkers who could also use a little education in this area . I am at the point in this rally that I want to protect myself but I am looking for another 5-6% upside before I take 25-30% off the table looking for a pull back. Thanks. Anyone else having a lot of luck with stops your advice would be appreciated. Kodiak Bull you are a tech guy, do you use stops a lot? Steve

To: chowder who wrote (12815)	3/8/2002 8:49:31 PM
From: chowder	Read Replies (1) \| Respond to of 23153

Some additional follow up on the timing of longer term positions. This week was significant from a longer term perspective for the NASDAQ. Although I expect it to pullback some next week, the longer term view is shaping up very nicely. stockcharts.com[h,a]waclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3!Lb14]&pref=G Volume is rising! The Stochastics have flashed a buy signal from an oversold range, and relative strength is rising once again. Since the best way to eat an elephant is one bite at a time, the chart indicates the last two bites have been digested very nicely. It may be time for another bite on any weakness shown in the early part of next week. da-hungry-bum