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To: John Curtis who wrote (2842)6/26/1998 2:39:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 5827
 
Well, the fundamentalists are right in there with us, guessing...and I don't think people really read the indicators the same way except for the beginners who really don't know and just buy when it goes "ding". I think the reality of trading is that if whatever tool you use pushes you one standard deviation to the right, you will be a winner if you use stop losses. I think that is the most important tool of all in this game. I have often joked that we could just use a coin toss or the CNBC chicken to predict the market so we should avoid predicting the market in the first place and just follow a trend and get off when the bus is looking shaky or when our stop is hit.