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

To: Cathedra who wrote (16838)10/21/1998 8:19:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
Tom, always my pleasure to help.

frankly im confusted about the market today as well. notice the "mixed" day in the market and also the volatility.
i just sat there "twirling my thumbs" <g>

i need a nap.. will talk soon


i plan to be on this thread more often in the future (at night).. i am also planning to do
a dailly (or weekly) email newsletter to track the market.

Again, i love the stock market, and I enjoy expressing and sharing my thoughts with you all.

Thanks again for a wonderful experience.



To: Cathedra who wrote (16838)10/24/1998 11:37:00 AM
From: Chris  Respond to of 42787
 
notice msft hit 110 and backed down.

resistance/support.. that's the key.

the way i would have played MSFT was set a sell limit at 109 7/8 to sell out (or reduce position) because you know that is the resistance.

Now, you also put a buy stop above 110 (let's say 110 1/4) to catch MSFT IF it decides to break above 110.

everything automatic and planned -> BEFORE HAND to eliminate emotions.

(this is not a recommendation to sell or buy in any way)


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