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To: Electric who wrote (8338)5/8/1998 5:06:00 PM
From: Chris  Respond to of 42787
 
my portfolio is now long term: pfe, and msft.. lu bounced off 21 day ema today.. good sign.

theoritically, if i sold yesterday, i would have been selling at the bottom..

lesson: sell when your exit is signaled. the longer you wait after your ideal exit, you are cornering yourself and shutting yourself out of trading options. as the losses increase, you worry about "am i selling at the bottom?", "geesh, im losing a lot more money now".

you can avoid all this by selling at your ideal exit.. that is what an exit is for.. the problem with my recent episode is the "interference" from outside factors that wanted a long-term approach.
costly mistake imo.

great stuff on TSO stuff. enjoyed it alot.

have a good weekend.



To: Electric who wrote (8338)5/9/1998 4:11:00 PM
From: Chris  Respond to of 42787
 
how has the dorsey newsletter been for you?

im trying the trial subscription

dorseywright.com

if you want, private msg me.



To: Electric who wrote (8338)5/11/1998 2:14:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
LOVE THIS SITE:

pretty accurate.. txn and ibm on buy list.. and it went up.. msft was on sell, and it did go down.

electric: watch the dell neg. money flow.. my ta says up (weekly).. but be careful.

trading-ideas.com