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The best I have been able to do is find strong support and
resistance points. I enter at one and hope to exit at the other. I find
that I tend to be in early and refuse to chase a move which is already underway.
Once in a while I catch a top or a bottom, however I generally miss both. When I
do exit early in a new trend, I look for S & R points at which I can
re-establish the position. If I can get 50% of a significant move, I am
happy.
I am now in my 4th series of shorts in the decline from 1331. I've actually
managed to capture close to 100% of the decline to 1245 by re-shorting on
retracements. This in spite of the fact that I missed the last 25 handles
of the decline by closing out my second position early.
Earl
----- Original Message -----
Sent: Saturday, June 03, 2006 9:27
AM
Subject: Re: [RT] post questions
Found a place where I could use my lap top.
If I would have traded this I would be out as stated and missed the
high. How many ever get out at the high? Somehow I have never been
able to do it.
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