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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (5405)	2/4/1999 12:59:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

TB; RE:" CAT ? " >Want to look at something neat, put my little internutz play NAVR on a 5-min chart. I'm only holding 1300 shares. I found that I wasn't good at trading it, so I cut back until I could just let it ride without getting nervous... ...most interesting thing about NAVR is that it is sustaining an UpTrend, albeit with fits of frenzy. It doesn't have the kind of pattern you like to exploit for trading, so better to just go with the mo. Anytime I have to watch a go-mo stock like a hawk and slide a STOP along behind it, TB, I GET NERVOUS (^_^) >About 40% of the phone phleet made it to an alternative harbor before the port was closed to further traffic. I had not seen that chart pattern on the 60-min chart, and didn't want to pay any tuition to learn. In any case :o) j'assume BLS ? ...for whatever reason, Berney - it looks like you got out at the top of a wave. When you start seeing "spinning tops" and "dojis" like that at the top of a DownTrend Line, probably best to head the phleet back to port like you did. That perceived support at ~43 takes ballz to buy! (I know you are limited to the long-scalp position) I feel more comfortable hitting BLS from the top with a hammer; ie., Admiral Bear's got the mo on BLS (^_^) Given some support from Major Market's ground troops, though - you could push Admiral Bear back to his main line of defense at ~46 on a spike. CAT again ? ...trying to make a hammer reversal today down at the bottom of that big wave, huh, TB ? -Steve