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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: wittder who wrote (27748)3/26/1999 12:10:00 PM
From: Doug R  Respond to of 79298
 
Wittder,

The technical profile is important. As a BO approaches, I use it to gauge likelihood that it will occur so I can go into intense stalk mode. Then as the BO progresses, I use the technical strength to gauge which target line is most likely to be reached on the initial move and when. Trading in and out from there is also requires sharp focus on the TA. I try to buy enough so I can hold some and trade the rest. That takes extreme discipline and sometimes I find myself completely out due to emotion. I hate it when that happens.

Doug R