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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (4311)12/23/1997 5:02:00 PM
From: Cage Rattler  Read Replies (1) | Respond to of 42787
 
Chris:

Thank you for sharring information. I have been reading your posting from the sidelines with interest.

I am not a day trader as you probably have guessed -- I hold only Zeros, S&P leap puts, one gold stock, and Cash.

My "super-ordinate" belief is that we are entering a long, multi-year bear market. I invest accordingly. I conclude that market behavior, on the short-term trades at least, is incomprehensible and ciaotic. As such it is certainly beyond my cause-effect analysis. The majority of investor's seem to pack their brains south of the belt line like a herd of lemmings.

I have found evidence in postings from GZ and Staff, that once a long-range investment position has been formulated, more effective timeing than I have here to fore used, is possible. Perhaps with more experience I will gain sufficient confidence to enter the short-term markets.

I will get your suggested reference -- but can't take the A to Z book back because I underline - highlite - write in the margins -- etc..

Ciao, Ted



To: Chris who wrote (4311)12/23/1997 8:07:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
anyone noticed that the naz closed BELOW 200 day ema??

charts later on tonight



To: Chris who wrote (4311)12/23/1997 8:43:00 PM
From: Chris  Respond to of 42787
 
STOCK CHARTS UPDATED:

geocities.com

updated: SP500, NAZ

notice sp500 broke below a support line i drew
notice naz broke below 200 ema ...

Is this Santa's idea of a X-mas gift???

stay safe all.



To: Chris who wrote (4311)12/23/1997 11:04:00 PM
From: michael a. rowe  Read Replies (1) | Respond to of 42787
 
so 1 year and you just beat the market and your an expert....great....let me write all that down.



To: Chris who wrote (4311)12/24/1997 3:22:00 PM
From: Debra Orlow  Read Replies (4) | Respond to of 42787
 
hi chris, haven't talked to you for some time. hope all is well, and have a very happy holiday!

i loved your post to which i am responding. we have all learned quite a lot this year, and your list of "do"s should be followed by all who wish to make a buck in this crazy world of trading. have a plan, and stick to it! know how/when you will exit a trade even before you enter it. this thread is invaluable, keep it up!

now for the averages. i used to use exponential, but i have become a follower of the teachings of Richard Wyckoff, and he firmly believed in using simple averages, as well as arithmetic price charts (i had been using semi-log). the naz 200 dma is 1498+. we hit it intra-day, but as soon as we did, a bounce occurred. not a very big one, but i was able to eek out 1/4 point on amat. but then it reversed again, and closed slightly above it at 1499.53. friday will be interesting to watch. the volume should be even less than today, altho today was supposedly busier than most expected.

again, have a very happy holiday, whatever you celebrate. may the new year bring many opportunities for one and all! happy trading! debra