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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (11093)	7/2/1998 7:38:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

Chris, I am having difficulty in understanding your views. You said you told me not to chase KEA. I got the impression from your post that you thought it was a buy when I asked because you thought it was going to it's old high. <<no top L3 on KEA.. didn't i say old highs? <ggg> well, it's on its way. >> My answer to you was that I wasn't going to chase it and would wait for the pullback. Same with the post last night about the DOW which led me to believe we were on a breakout. I guess I'll have to read into your wording more since after reading a few hundred posts everynight along with all my news links I do tend to skim fast. I play extremely conservative although I will have to loosen up once I retire and do this full time to keep cash rolling in on a more steady basis. Right now I look for large moves one way or the other, get in when my signals say buy but check numerous sources including yours, then get out when my system says. I notice you tend to mention buying on break outs after a substantial move has already occurred. Do you trade shorter term as in hours or days to scalp the tops of rallies or what is your philosophy. I tend to look for bases, curling upward stochastics with mid range RSI's and building momentum after volume shifts.( basically a bottom picker ) I sell when my indicators switch or else when I feel a top is near if my indicators max such as this latest rally. After today, I am all cash again with my trading portion although I almost kept my BA out over the weekend. I think it could see 50 again. Thanks for the inputs and I will work on my reading skills. <g> Lee