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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (468)	4/6/1998 5:28:00 PM
From: Wayners	Read Replies (1) \| Respond to of 927

I'm trying my hardest. I lost money today. Bought calls on GLM at the open and sold them at the close for a nice $680 loss including commissions. Hope everybody else here did better today. In general technology stocks had a bad day. I certainly don't claim to be right anywhere near all of the time, but I do the best as I can. There are no sure things in the market. The best you can do is set yourself up with situations where the odds appear to be in your favor. When the market moves against you, get out. That's what I did today. I should have waiting to see the break out of the narrow/pinched bollinger bands but didn't. The probabilities are for a breakout in the direction of the trend. Didn't happen this time, so I got out.