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

To: Robert Graham who wrote (4886)	1/18/1998 5:24:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

yes bob g. that is exactly what i want to do.. i want to use simple and easy-to-understand analysis/methods so that everyone can follow and learn.. i want people to learn how to read charts.. i dont want them to "ask, what do you think of XYZ?" i want to see themselves the beauty of the lines and deduct an analysis out of them.. bob g. I hope you know we got the best people on this thread.. hopefully gary, doug, you, GZ, everyone will help make this thread the best.. the potential to be #1 is there. how many threads have seen last this long? and still going strong? i'm determined and will never let you down.. i might still be here on this same thread 5 yrs from now.. <gg> Chris

To: Robert Graham who wrote (4886)	1/18/1998 6:04:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 42787

Yes, please!

To: Robert Graham who wrote (4886)	1/18/1998 6:29:00 PM
From: Chris	Respond to of 42787

ok.. let's start Bob g... [sell stop placement] you said "We can also talk about the practical aspects of trading the chart like where stops can be set " geocities.com (not current data, sunw on friday closed at 45 1/16 i believe) let's start with this sunw chart... which was a nightmare because i got stoppped out and it kept on going.. i set my sell stop below the 21 day ma (yellow dotted) b/c by looking at past history, when sunw rallies, it never falls below 21 day ma... well, low n' behold. last monday was the day with 13% decline in hk i believe.. so we opened below 21day ma and i got stopped out. according to my charts, uptrend was intact and actually pretty strong.. so chances of sunw tanking on me against my signals were small. questions to discuss: 1) where would you put your sell stop? I believe that sell stops were correctly placed in that it was below a good MA and below a support (not the static 5%, which i think is not too smart) 2) i'm beginning to revert back to mental sell stops again.. i used a hard sell stop on this play b/c i had class the whole day. any ideas and comments? this sell stop business is real tricky.. i can point fingers all day long, but the end results is : i got stopped out on an 11% play in one week! anyone : please feel free to post.