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To: Clint E. who wrote (18250)11/3/1998 1:45:00 PM
From: mattie  Read Replies (1) | Respond to of 69173
 
Bought some small caps on the verge of breakouts: RXSD, EAGL. Primed to move!



To: Clint E. who wrote (18250)11/3/1998 2:20:00 PM
From: shasta23  Respond to of 69173
 
HI CLINT!

Thanks for the great message. I knew it's the experience and i know that it will take time. I'm
following the market for maybe 18 month and almost started at zero and i guess i actually learned a
lot, mostly TA but then again i'm impatient with myself and try to speed up things by finding the
magic bullet. But the reading by itself will not do it just experiencing the various ups and downs
and how they develop differently.I will pay more attention to the way the market reacts to news.
Frankly since the start of this correction i hardly looked at the market at all, only the individual
stocks that fell out of scans. I noticed that i was having a hard time getting the same results as
other people until i saw once the chart of the Russ2000 and that the small caps which i was trading
exclusively were actually in a bear market. Now i will look at the market and will include the general
market outlook into my timing of individual stocks. that also seems to be the way you are doing it.
I also always liked the macroeconomic view on this thread because it's something you don't see
on the other threads i follow and it's something i still have to learn.
It is also instructive to see that you seem to trade more a group of stock you know well -good ole
friends- whereas i traded stocks where i didn't even knew what they were doing just on the base
of TA coming from scan results. Result: medium success.
So it has been very instructive to follow your thread and i thank you for all the great posts.
Thanks also to other contributors on this thread!! I always learn something interesting!

Stefan!