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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (2297)11/8/1998 10:11:00 PM
From: TobaccoMan  Respond to of 43080
 
Hello Last,

Been pouring over many charts this weekend and noticing the many, many double bottoms with subsequent 10-20% rises in the past month. Do you know of any sectors that are running late on this rally that we might look into? Any laggards that are just coming around?

Edit: Also, What momentum period do you use and can a longer period identify a more profitable trend in position trading?

TIA for any thoughts.

Tobaccoman



To: LastShadow who wrote (2297)11/8/1998 11:18:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 43080
 
ASND acted very strangely at the end of trading on Friday. Broke through 50 and even 51, then fell back below 50 for the close. I am long ASND, but this is not very encouraging.



To: LastShadow who wrote (2297)11/8/1998 11:38:00 PM
From: AlienTech  Respond to of 43080
 
A tale of another chicken.

8 easy ways to lose your shirt in stocks

1. Buy a stock just because it's 50% off its high.
2. If a stock is down, buy more.
3. Take all the free advice you can get.
4. Bet the house.
5. Plan? What plan?
6. Trade often.
7. Panic.
8. And if you don't like stocks, buy Beanie Babies.

usatoday.com