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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (2326)2/19/2005 7:50:25 AM
From: profile_14  Respond to of 13449
 
Ouch Larry, that hurt<g>. Was it necessary? There is more than one way to make a profit and so far I have a decent batting average.



To: Larry S. who wrote (2326)2/22/2005 3:11:52 PM
From: profile_14  Respond to of 13449
 
Do you still think I am a "gunslinger" for following my pattern of analysis and acting upon it? It is not as if I am not posting on real time what I am doing. I receive the same criticism on many trades, IBM, SUNW, PFE, TOL, TLT, AAPL, and now OIH. They work out because they are stretched fundamentally and also from a TA viewpoint. AAPL early on did not and I walked away with a loss, and stated such at the time. No sign of KB since my TOL trade went green, despite him prophetically encouraging all to keep track of this trade. At the end of the day, when the fundamentals do not add up and the stock is stretched, TA alone will not save the day. Therefore, I continue to choose a combination of both because I do not want to fight with one hand behind my back.