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

To: Robert Graham who wrote (5067)	1/22/1998 2:13:00 PM
From: Debra Orlow	Read Replies (2) \| Respond to of 42787

I totally agree! but it still must be proven to me. if we start to go over the last short-term highs on certain charts (WITH GOOD VOLUME), I will become a bull again. for now, I wait, with a few sure bets here and there (few and far between right now - mostly shorts). I might lose out on a few points, but you can bet that I will be ready for the second advance. I am basically a short-term trader (few hours to a few days to a few weeks), so not bottom-buying (if indeed we go up from here) won't really hurt me (sorry about the double negs). please keep up the great analysis!

To: Robert Graham who wrote (5067)	1/22/1998 9:39:00 PM
From: Chris	Respond to of 42787

WEEKLY SCALE: <<This is where looking at the weekly graphs and indicators can help. >> YES YES!! I've only recently begun looking at weekly charts and BOY do i regret for not looking at it earlier.. SOOO easy.. hit the weekly scale and you got that weekly view.. USE IT! why? well, in TA --- we are MOMENUTM traders.. we want to see momentum and we jump in for the ride.. Well. wouldn't you rather have a BIG MOMENtUM rather than the small rallies?? That (i believe) is the difference between a APCO and PTIS. apco has no weekly buy while PTIS does.. when you have big momentum riding with you (weekly chart bulllish), you are at a LOWER RISK and will be REWARDED BIGGER AND at a higher % rate... the key to using weekly?? PATIENCE.... sometimes you wont have any good picks.. That's why you develop a HUGE database of 1000 stocks and scan scan scan.. of course, you need to develop a good scanning critier.. read the next email... Chris