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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (62048)	1/3/2003 1:58:03 PM
From: Lizzie Tudor	Respond to of 94695

I'm in beaten down naz stocks... I can take GZs advice, I think the bottom is in on the ones I have... but not sure. The problem is I work at my computer freelance and can't resist dabbling in the mkt and SI! Kindof like a kid with a scab, you see... :-/

To: sandeep who wrote (62048)	1/3/2003 2:18:20 PM
From: GROUND ZERO™	Respond to of 94695

Honestly, I never pay attention to moving averages, I only look at the charts, and yesterday's low is where my stop has to be... of course, it will move up as the market moves up, buy you need to let the market work without stopping you out for no good reason... I'm not a guru, but this is how I'm playing my trade... sure, 300 points is a big move, but I would think not likely if the trend is higher from here, that's the risk/reward ratio behind this trade... I think it's well worth it, but that's just me... GZ