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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (39620)	5/29/2003 6:36:50 PM
From: Lachesis Atropos	Read Replies (1) \| Respond to of 69914

QAVRC puts bought them selves another day. Looks like I could have cleared them off today at 0.70, then reentered again 0.65. I didn't figure them going to 0.45 though! I haven’t figured out if I am too slow, too fast or just right. The shorts (regn and macr) I have are not moving lower that worries me. I'll revaluate tomorrow. The MACD I am following went from 13.00% to -9.9% momentum today (on all my stocks as a whole, they usually lead the Nasdaq). This is the first time they broke below zero on this upward leg. For a reference the Nasdaq is sitting at 40.80% momentum at the close. At its peak today it was at 90%. I am wagering that the market is starting on a downtrend. I struggle to be patient--what is up may be down what is down maybe up. I made good returns on longs off the bottom of this leg, but that influences me to take shorts too early. A victim of my own psychology. Lawrence