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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (11679)	12/18/1997 12:35:00 PM
From: hpeace	Respond to of 97611

ven...you got it... lock in on these lows..for long term.. stk trading is an absolute bore. and has to be the most unfun thing on the planet regardless of the money

To: Venkie who wrote (11679)	12/18/1997 12:35:00 PM
From: James H. Irwin	Read Replies (1) \| Respond to of 97611

Donnie, baby. You're sounding a little bummed out. But by all means, take a little time out. Always a good thing. I'm just playing the short term trend. My goal is a G a day. Courtesy of dell its been more like 5, but that is more of my system on TradeStation than anything. Like buying when I would normally sell and selling when I would be buying. Check the use of BollingerBands (+- 2 Standard Deviations) combined with an RSI optimized for Dell on a 1 minute chart. Don't get too discouraged. We are in a mini bear market. I'll bet most people in the market today don't even know what a bear market feels like. Anyway look at the market page of IBD. The nasdaq composite is rolling over. Lower lows beneath lower highs. Look at the New high/new low list. Computers (28 companies making new lows) is #1 on the list. I love tech but its not the place to be short term. Flatten out your positions, get away from the market for awhile, and come back with a fresh perspective next year. as always, bon chance. Jim