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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (9634)	2/28/1999 2:22:00 AM
From: Richard Estes	Read Replies (1) \| Respond to of 12039

Don't get me wrong, I think it is a good site. Dahl is very close to sell on RUT, S&P, Dow, and NAZ. It can't take any big sells next week. The NYSE lows are again above 100. all the above markets are below the 89 TS MA. So there are lots of warnings but it is holding on by its fingers. I lean towards higher highs in next month. But I can change that on a day's notice. Now, knowing that what would one do? Leave market? Newbies should, not stick around when they are playing with things. Investors? I don't know what they do, they will think about profits later when their loss becomes apparent. Experienced traders? Stocks go up, they go down. You just need to be fast and selective. At this time, I am still on long side for market. But only a few of us try to trade the market with options or futures, the majority that come here are dealing with stocks. Should you sell if market shows a sell? I would think it is better to stick with plan and exit on that. Your plan should be sound and you should have seen how well it reacted in past corrections. A market view is always a basic subject.