Berney - be careful with that list of my trades, man - lots of them are for like, 1-3 point plays or something - maybe enough to pop over an options boundary. I was buying SMOD at ~20 and dumping it quickly. HWP is another one with a nice-n-easy horizontal trading range... looks like a sine wave in between railroad tracks when you just chart the closing prices and eliminate all the clutter.
>I have trouble with the whole tech sector .. still. I learned a
brutal lesson last year not to bet tech with INTC going down:
no matter how good it might look...
yeah - I remember when you did that analysis last year, too. You are so right. Stick with the stox you feel comfortable with, man. When you trade it's like, don't fall in love with 'em, ok??!!! I mean the question in trading ain't earnings or percentage gain or any of that s___. The question in trading is this: If you knew you were going to make one point - how much would you bet ?
FWIW, I put another $20K into INTC (investment) when it was 74 yesterday, as per my system. If he goes down to 69, I'll put in another $40K, and if he hits 64, I'll put in $60K : 1-2-3 buying down - nothing fancy about it. I mean, on the monthly chart, dudes - this is a dip (^_^)
-Steve |
