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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 (11392)1/27/1998 4:20:00 PM
From: Doug R  Read Replies (5) | Respond to of 79237
 
Esteban,

RAIN did not meet the waiting period requirement. The result will make me more cautious about it when it does though. I'll probably be looking for IL violators this week considering what the market is doing.

Doug R



To: Esteban who wrote (11392)1/28/1998 7:57:00 AM
From: ivan solotaroff  Respond to of 79237
 
Esteban,

Congratulations on your patience. Missing opportunities is an everyday occurrence; getting upset by missing them is as well. Having the patience to wait for the next one, rather than chase a decent but not great one, is, IMO, what's really rare. Though I can't speak from experience yet, I'm quite sure that patience is what separates the big winners from everyone else. I've been trading for two years, have learned much from this thread and from general experience, but it can all be boiled down to one rule: Don't overtrade.

Sorry for the sermon. I normally sleep in and snore my head off; when I get up early I tend to proselytize.

Ivan



To: Esteban who wrote (11392)1/28/1998 12:54:00 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 79237
 
NSCP

Esteban:

I know you have no faith in this one as a cat, but, if it is (and I'm not saying it is or it isn't), then today is ONE HELL OF A SIGNAL DAY.
BTW: I wouldn't touch this one with a ten-foot pole. I mentioned in an earlier post talking to a guy who makes a market in NSCP. My feeling is that these first few weeks are just milking parlours for the big cows, and that this runs contrary to the whole notion of establishing control by putting a nice technical leash on a little puddycat.
Still, I'm watching ticks on this one like it's the Super Bowl. Maybe, just because AMLN has so much resistance to fight through right now that I just can't get excited about it.

Ivan