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


To: Robert Graham who wrote (13460)7/30/1998 2:57:00 PM
From: dennis michael patterson  Respond to of 42787
 
Bob: thanks for your thoughts on trading and the markets. I certainly agree that TA is the way to go-- and in conjunction with intuitions, it could work out well. I use Favors for overall mkt direction (although, as we saw, Chris does as well, if not better, than Favors). I just need to get MetaStocks and get cracking. I may spend the 1000 for real time program, but that is a lot of dough. A good trade on Dell would do it, however!



To: Robert Graham who wrote (13460)7/30/1998 3:12:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Favors is awesome. Again, he was right on about this rally (I have to admit-- I had my doubts!). I'll update later, but his last word was that this would last "into earlt August." Then a big decline.



To: Robert Graham who wrote (13460)7/30/1998 4:09:00 PM
From: Chris  Respond to of 42787
 
im not posting much but im watching the mkt and doing some "paper" trades and strategies.

One of them is the buy near 50 day ema. I think with today's rally, it would have been a great one.

again, with a tight exit BELOW 50 day ema (on close, not low)

=====================
Right now, jotting down notes.. but i think it's a good play. VERY profitable b/c it's like buying at the bottom.

if I get another decline in the mkt, i will do it for real.

again, this week, i will list out those that are good to play using this strategy.