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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (17360)	6/16/2003 3:59:31 PM
From: J.T.	Respond to of 19219

Anatomy of a good run since March lows gets tripped up with 2 bad trades in the last week and one half tonight.

To: J.T. who wrote (17360)	6/16/2003 4:06:50 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 19219

Oh well, even Ted Williams didn't bat 1.000, dude!<G> Why the Russel now?

To: J.T. who wrote (17360)	6/16/2003 11:26:30 PM
From: jason D.	Read Replies (1) \| Respond to of 19219

I did an about-face at mid-day and am now long again in QQQ's. Although I have been whipsawed 2 days in a row..I am actually pleased with my performance, since in my previous incarnation I was a long-only bull who would sometimes get locked into an unprofitable position. Both Friday and today I reversed quickly, yet not before the market had confirmed. By the end of the day I was up nicely. Now.. if we can only get some follow-through, so I can lock in some substantial profit! Sideways volatility will likely be a challenge to my current swing trading system, since I am trying some new things here. However, whilst not the most profitable, the last 2 weeks have been the best I have ever traded. Despite the chop, I have been up every single day at the close. Unfortunately, we just haven't gotten very sufficient follow-through. Does anyone have any comments or experience with an ALWAYS IN MARKET system (Long / Short)? Again, I believe the key is just managing drawdown during long directionless periods. Thanks. -Jason

To: J.T. who wrote (17360)	6/18/2003 11:27:52 PM
From: Alex MG	Read Replies (2) \| Respond to of 19219

hope you don't get whipsawed again volumn on this retest of highs still looks anemic, which is a bearish sign according to VolumeOlogists this rally is gotta be sputtering on fumes, although technically speaking 1700-1800 is 'possible' on the COMP considering the liquidity bubble cyclical bull move we are in BPNDX possibly breaking down stockcharts.com[w,a]daclyyay[de][pb20!b50!f][vc60][iUb14!La1..]&pref=G did you give up on the yellow stuff?... it appears to be on the verge of another breakout, possibly lot's of 'possibilities' <g> good luck to ya