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

To: mattie who wrote (20294)	3/20/1999 8:37:00 PM
From: shasta23	Read Replies (1) \| Respond to of 70690

HI Mattie and Clint! I had to work more in my "real" job and was also so frustrated with my shorts i had initiated too early this week that i closed them all out sometimes Thursday because i felt so out of tune with the market. Therefore no response to your messages until now. Then looking at some charts today i noticed that i should've held everything and would've made money last week instead of loosing some(not that much). Didn't follow LGTO any further the day of the "breakout" but notice now that the stock couldn't hold onto it's gains that day and dropped yesterday. Anything to learn from this? Maybe the volume was of some importance or it's just a coincidence. Anyways,the stock tested the supporting trendline of this last run up and who knows what it will do now. I guess it depends a little bit on the market.Might have a bounce or breakdown. If it bounces up i think it might be a good short since i still believe that the stock and the market will pull back the next weeks. But i will not trade it since i prescribed myself a break in trading until i can improve my timing and trade less emotional. BTW I'm always happy to read this thread even though the approach of a lot of contributors here is very different to mine(lot's of FA) -i do almost purely TA - but that is the appeal since i can learn so many different aspects of trading here.Thanks to everybody! Stefan