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To: Patricia Trinchero who wrote (183)11/15/2005 11:56:29 PM
From: coug  Read Replies (2) | Respond to of 3961
 
Yes Pat,

I have and use level II to a certain extent but I do not find it as effective as it once was.. Too many programs out there that hide their buys and sells until the last moment.. Too many fake outs on it, imo....... I mainly look for support and resistance there but that really doesn't seem to work as well either for me..

So I don't know what I do depend on most, stocks with good charts AND fundies in a popular sector, I guess ?, to hold them at a recognizable support level, for buying I mean.. Shorting hasn't worked well this year for me. The market just seems to want to go up, imo.... Or maybe it is just the stuff I watch and play which are momo to the up. And therefore I never know when they will turn around for a short. I am just not smart enough and I am not a gambler.. So I just play the direction and NEVER get it all.. :)

"The trend is my friend",

I guess

m