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Hi Linda,

thanx for the advice & encouragment. I am interested in learning more about TA & charting. I was impressed with DBPhoenix in his recent exchanges with Bruce Brown & Erick, so I bookmarked both sites. I also want to read the Trader Vic & Visual Investor books ASAP.

I agree with you that methods that work in a bull market can leave one flailing in a bear market, & that conditions may be negative for a bit longer. My problem was inexperience(as well as methodological inflexibilty). My first stock was SCMR on the IPO day 10-22-99, though I sold it on one of the several down turns, & rebought it more recently.

I thought all stocks were supposed to keep going up on momentum & trade at 500 X earnings. My consolation is that the humbling has caused me to hunker down & just study harder so I can have my portfolio better positioned when the cycle turns & begins anew.

I will try & look at some charts this weekend, & see if I can form some ideas about support & resistance for some of my stocks like ITWO, JNPR, BRCM & SCMR. I really want to learn more about supply & demand of stocks, & how volume can be a signal. Even if I don't become a trader, as you say, it could be of a lot of help in picking better entry points.

And I need help with retreat strategies. I should have known better than to go into battle without an adequate, well thought out exit strategy. I bet Robert E. Lee & McCarthur wouldn't have done that :^). I hope it is OK to ask some questions about charts & interpretation- I am a complete novice. But I will check out DBPhoenix's site & work, & do a little homework first.

Thanx again for the referneces & help. Let me know if you want help with understanding the technology side of things in the future. I would be happy to, to the limited degree that I can, or I can ask someone like Matt on the NPI board who is virtually unstumpable. The fusion of FA & TA is potentially a powerful one if we all put our heads together, & attack these investing problems with our respective strengths, talents & aptitudes in organized concert.

take care Linda, lets talk again-

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