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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: bazan who wrote (5670)	4/3/1998 12:12:00 AM
From: TATRADER	Respond to of 7396

OSHSF has upward trendline in place at 9.50, that is right where the 50 day moving average is located....If it hits that area on low volume and you don't see volume increase and the stock move to the upside, you are in big trouble...If there is going to be a reversal that should be the area...However, look at this stock as a lesson...Always set a mental stop, and sell your stock if you are down 5% from entry...Cutting losses is one of the hardest things I am still learning as a trader...Mark P.S. i know the feeling, I lost on NINE and TRDX...Remember a good trader is right only 60% of the time....