Re: [CANSLIM] Market psychology

From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] Market psychology
Date: Wed, 24 Jul 2002 12:39:48 -0500

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So a bounce back up to say the 50 dMA is a classic entry point for
shorting?

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com


                                                                                                                            
                    "Patrick Wahl"                                                                                          
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In the very near term at least, I would say this is not time to short
anything.  But if
you are waiting for the proper setups and are able to identify low risk
entry points (a
bounce back up to a moving average for example), I suspect we get another
opportunity or two.

On 24 Jul 2002 at 10:19, Warren Keuffel wrote:

> Be that as it may, the bottom line of my question to you (and everyone
else)
> is whether the time to short has come and possibly gone, and that all (or
> most) of the good shorting candidates have been shorted. Or should we
say,
> "OK, M is in decline -- until it no longer is, let's short!"



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