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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Esteban who wrote (10188)	1/7/1998 2:17:00 PM
From: ivan solotaroff	Respond to of 79230

"I think it's important to remember that the PGDCEB gains from this round all coincided with general market strength, and today's new signal's, new candidates (RAIN, TLDCF, MCRE) and counter short selling are coinciding with general market weakness." Esteban: Couldn't agree more. A high percentage of successful trades (at whatever the gain) is difficult to maintain if you're at odds with the general market tenor. As someone said in Jack Schwager's book, When you're on a motorcycle, never fight with a car. I'm holding on to OXHP the same way I hold on to an ascending stock. The steep downtrend is at about 16 3/4, and the stock's intraday recovery is nosing up to it. Ivan

To: Esteban who wrote (10188)	1/7/1998 3:14:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79230

Esteban: Getting antsy about OXHP. It's moving quickly above the intraday ACT and showing strength on late volume, plus the whole market looks to be tuning up their gittars for the 3pm hootenanny. Shite, and I had a strong feeling that 3/8 was a bottom; on full margin, I was well over 10% in less than 24 hours as a holder, and that should've been a sign. Shouldawouldacoulda. It's not greed, I find, it's embarrassment that stops me from acting quickly and decisively: What if this runs down further and I lose 50% of potential profit. Won't I look silly? Ivan