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Strategies & Market Trends : You buy a stock. It goes down, now what? -- Ignore unavailable to you. Want to Upgrade?

To: P.T.Burnem who wrote (83)7/20/1998 1:30:00 PM
From: Investor2  Respond to of 112
 
Re: "Never mind the moving averages. The market does not care about these, and neither should you."

Very interesting, thanks. I've read many posts by T/A people which focus on moving averages. It's refreshing to hear an alternate opinion.

Best wishes,

I2



To: P.T.Burnem who wrote (83)7/20/1998 2:02:00 PM
From: Chris  Read Replies (1) | Respond to of 112
 
with your 1/16 stop loss, dont you get stopped often?

with today's mkt shocks happening left to right, sometimes lows penetrate real low.

i recall when intc released earnings warning, all the techs went down hard. but the close was well off their lows.

what is your take? thxs so much.


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