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

To: Dick Brown who wrote (8251)	4/2/1998 9:19:00 AM
From: Chandler H. Everett	Read Replies (1) \| Respond to of 12039

Dick......are you thinking at all about TAOTL??! BW Chan

To: Dick Brown who wrote (8251)	4/2/1998 11:54:00 AM
From: David R. Evans	Read Replies (1) \| Respond to of 12039

Hello Dick, I'm in both of them..... Yes, IMG is near resistance where it has had problems in the past and that's what makes it appealing... Once it does break through it will be a big move, and I bought options out till July.... Now, do you wait until it breaks first, or do you buy when you get a signal? That's the question all traders must answer BEFORE they trade. I have drifted further away from S&R and more into the Indicators BUT that does not mean that S&R should not be considered. Every one out there must trade THEIR WAY! What you read on these Boards can be used as a guild BUT "YOU" must make the final decision. You must take responsibility for everything you do.... That's the great thing about Trading. There are as many ways of doing it as there are there are people doing it. My idea is more towards the "Trend Following" line of thinking. I am looking for a stock that will trend up and allow me to jump on for the ride. The length of time I stay on will be determined by the action of the stock. REMEMBER, no one can predict the future. I can try to apply what I consider GOOD Knowledge to the equation BUT the Market & my Stocks will do WHATEVER they want and they will do it WHENEVER they want. I am only along for the ride. That's why I need to CUT MY LOSSES as soon as I can and RIDE MY PROFITS for as long as I can. Dave Evans