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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: bazan who wrote (15363)4/23/1998 4:13:00 PM
From: Doug R  Read Replies (3) | Respond to of 79273
 
Bazan,

Mostly, yes.

I was already out of BORL because I felt there would still be time to get back in later. AINN was gone as soon as the triangle that I pointed out on the thread failed. I hate when triangles fail. That was what made me turn to the Dow (which would have been down over 100 pts. today were it not for DIS). I think that if the Dow was still in advance mode, AINN would have moved up. When I saw the liklihood of an impending "pullback", I went nearly completey "chickensh*t" and decided to go defensive. I hope I gave everyone enough time to make a decision. The sell signal for the Dow I'm keying on is usually 2 days ahead of the start of the real nastiness. I was prepared to buy more ELGT but it didn't come back far enough. I'm still in ACRT. I had initiated a long term position in CPQ a short while back and took it all out. If I had been in longer, I would have held and bought more on a dip but decided to turn it into a trade instead.
Several other "adjustments" were made. None were buys.
My broker earned his $ today.

Doug R