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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Joe Smith who wrote (15310)	5/6/2004 1:05:25 PM
From: CharlieChina	Read Replies (1) \| Respond to of 207022

Just came out of the FIZZ Lab,... Everything is fine,... as it should be,... just NOISE,... Follow the ranges,... they are there for a reason,... stockcharts.com Monitor the Daily Chart,... Purge the noise from your Minds,... and all is Easy,..., Simple,... and Tranquil,... There is no need to PANIC,... as most are,.., on SI on other message boards,... This is a point in time, one must let the program trading architects do what they do best,... match things to their short-term motives,... thats all,...

To: Joe Smith who wrote (15310)	5/6/2004 1:09:05 PM
From: Michael Watkins	Respond to of 207022

Actually his "portfolio" loss is more like -23% - I think its more fair to take an equal position in each stock and then compare performance. From earlier today... currently at 23.09% in real time. Isn't technology wonderful? trendvue.com His one remaining profitable position CHKP triggered a bear flag on a retracement within a downswing and has hit its first target. If price continues down tomorrow, this one will turn into a loser soon enough. Below 21.44 and it will break down faster. Probably work watching CHKP in a strengthening market however.. Anyway, it certainly is outperforming - down far more than the markets over the past 5 days. Excellent "fade me" or "short me" portfolio.