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To: REW who wrote (12057)12/15/1998 4:37:00 PM
From: slaffe  Read Replies (1) | Respond to of 44908
 
A phrase keeps on going around around in my head. (modified)
We are right, sit tight.

A few months back I read a great book "How i made $2,000,000 in the stock market" by Nicholas Darvas. Great book! I was leary of the title but as I read the first chapter in the bookstore I couldn't put it down. In it he describes the basics for TA, the amazing thing about this true story of Mr. Darvis is that the time period for this book is in the fifties! Prior to this wonderful superhighway that we have today. One phrase that I got out of this book was his response to a stockbroker that called him and wanted him to sell a stock that was breaking out much the same way as tsig. His response? What reason do you have for me to sell a stock that is moving up?

In short.

Be right, sit tight.

Steve