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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Chris G. who wrote (7244)12/11/1997 10:45:00 AM
From: Richard Estes  Read Replies (2) | Respond to of 12039
 
Certainly it is a big player. You treat them like a stock in charting. Mindset is important. What would you do if you had a 40% profit in a stock and it went down 5% today? Do you sell because of this down day? Some stocks will go up today. I say look at what you own or want to. You can set a rule like not short if DOW or AZ is above 0 line in Dahl. Many are in cash, I am about 30% in market.



To: Chris G. who wrote (7244)12/12/1997 8:43:00 AM
From: Chandler H. Everett  Read Replies (2) | Respond to of 12039
 
Chris......Richard has always counselled that one should take overall Market momentum into consideration. I tend to look at the long term Market momentum and not the short one, however. For my spin on the Market as measured by the S&P 500, check out my web site at:

www.fmausa.com

Sorry.....don't know how to make it come up "blue"

BW Chan