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[amibroker] Re: Stock Selection



PureBytes Links

Trading Reference Links

The other side of the coin at
http://finance.yahoo.com/mp#beas
The "in play" info...
Another reason that I love T/A...
Dimitris
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> Dimitris,
> Don't get me wrong. BEAS was a beautiful set up and I shorted it 
yesterday
> as it broke the 2/4 low. I have not covered (though not unhappy) 
but that
> left some 5 points on the table today alone. If I had entered on 
today's low
> I would be a lot less happy to hold the position even though I 
still believe
> there is more money in the trade. A stock that moves like this can 
be fun or
> scary depending on which side of the trade you are on. For some it 
may be
> too much fun or too scary  :))
> 
> Jayson
> -----Original Message-----
> From: Dimitris Tsokakis [mailto:TSOKAKIS@x...]
> Sent: Thursday, February 06, 2003 2:39 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] RE: Stock Selection
> 
> 
> Jayson wrote :
> "Do you (can you) stomach the wild rides of stock like BEAS whose 
current
> ATR is >7% of the current price (today moved nearly 8% on the 
open!!) or are
> you more comfortable trading in the 3-5% range? "
> 
> But, Jayson, BEAS was an open book, if you look at the recent ^NDX
> messages...
> Everything was easier here. AND the perfect triangle, AND the double
> breakout, AND the H&S, AND, AND...
> It is not T/A, it is a poetry masterpiece !!
> And it is a sweet 10% just in two single bars.
> Am I wrong ?
> Dimitris
> 
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