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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Rhino who wrote (1731)1/15/1999 10:55:00 AM
From: Dan Swartzendruber  Read Replies (1) | Respond to of 3216
 
My philosophy is to take 1/2 off the table and let the rest ride.



To: Mr. Rhino who wrote (1731)1/15/1999 11:42:00 AM
From: William W. Dwyer, Jr.  Read Replies (2) | Respond to of 3216
 
Mr. Rhino,

The fact that one "only lives once" is reason enough to take at least half (if not more) off the table today. Long three-day weekend coming, lots of things could happen to take the market down before next Tuesday's open. If you have winnings at this point, I would take them now and not worry about a possible sell-off this afternoon or at the open Tuesday.

Incidentally, AIQ software registered a confirm market sell signal Wednesday January 13, and so far it seems as though the market is more likely headed down in the near term, possibly to re-test Dow 8700.

After such a bull-run as we have seen, and with such mixed signals as we are getting now, I wouldn't want to hold too many stocks over a long, uncertain weekend. Just a thought. As they say, a profit is a profit.

Bill




To: Mr. Rhino who wrote (1731)1/15/1999 4:07:00 PM
From: genaro  Read Replies (1) | Respond to of 3216
 
Well when ever I am wondering what to do,
I look in my Crystal Ball. My Crystal Ball
says hold the strong because the main indicator,
the NYSEBP%,
is in a Bull Confirmed condition.
Looks like you made a pretty good call!

For a better understanding of the Crystal Ball,
you will have to check out the P % F thread.
Not a real daytrade tool,
but will never fail for the trend!

Good Trading!
genaro