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


To: David R. Evans who wrote (7798)1/15/1998 2:51:00 PM
From: Jack Landis  Read Replies (1) | Respond to of 12039
 
Dave....I think your example brings out the key point that is mentioned time after time on this board. YOU HAVE TO BE COMFORTABLE WITH YOUR SYSTEM!How much risk will you tolerate, how often do you want to trade, are you after home runs or are you content with a lot of singles.

Again I want to point out the value of using a specific stock to discuss systems and approaches. Are you serious about using IBM and 1 other stock to do this on an ongoing basis? if so, when?

Jack

P.S. I dont think I could ever wait until July 32 to make a trade (ggg)



To: David R. Evans who wrote (7798)1/15/1998 5:28:00 PM
From: gonzongo  Respond to of 12039
 
Yah Yah - Gimme Dat insurance. It seems that uptrends are confirmed when they are confirmed - too many jive dudes fall back after an initial try out of de box. I am sorry that this post is so short my fingers get tired faster than you.

andy



To: David R. Evans who wrote (7798)1/18/1998 4:09:00 PM
From: freelyhovering  Respond to of 12039
 
Dave--Looking at the weekly chart of IBM, 5/13 day ema crossing above 40 day ema got you in on 1/20/94 at 27.63. One would have almost sold the position on 7/28 and 7/29/96, but the 13 day ema stayed barely above the 40 day. So what we have is one trade and @ 400% profit using this kind of INSURANCE. Sure beats current interest rates. Such a nice indicator. Myron