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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (19936)2/18/1999 11:34:00 AM
From: Clint E.  Respond to of 70379
 
Hi Stefan. As far as lack of experience, it is not that. It is as you said, market volatility that has frustrated many. So, it is not you. Many professionals are frustrated even more.

The important thing is not to let a bad trade psych you out.

>>>>Ok, we got a market reversal but where do you see the market going? So far we;re making lower highs and lower lows and the NAZ needs to take out 2400 to reverse that.Do you see us going higher or is this just a bump back to the trendline?

These are all good questions. I would rather wait and answer after seeing today's close.

My target for today's close is 2315. We are now at 2258.

Clint



To: shasta23 who wrote (19936)2/18/1999 12:51:00 PM
From: Clint E.  Read Replies (1) | Respond to of 70379
 
just came back from early lunch. looks like we pulled back to yesterday's low of 2242. msft is a drag. naz down one now. still in. still think that we are going higher. the afternoon action will tell........

the good thing about the pullback(caused by jittery traders who locked in intraday profit)????? It generates more volume!!