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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (15258)11/13/2000 4:00:13 PM
From: freeus  Read Replies (1) of 65232
 
I have a friend...now ill with leukemia and just hanging on to each day and not in the market....who for years made money trading future contracts. Just as you say, he had a pattern, and a set of charts he followed, and he made a steady income on a small amount of money (I think in his case it was around $10000).
And yes you are right: I am an idiot for not setting stops back in Jan-Mar when things were so rosy.
And if Rambus does go to 150,200 this year I'll be out.
Never again will I watch a too-fast ramp up in a stock I own and just sit there savoring instead of selling.
But we may have seen the last of a truly great bull market. After this gains may be slower, more painful, and much more restrained.
Freeus
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