<<That was a good call. I had sold some of my trading stuff at that level too. But if your gonna sell some for trading, you have to let it fall, and not worry about getting left behind on the upside. Only today did I start buying heavily the stuff I sold at 3000. One thing I learned about trading this market lately.....let it swing wide.....especially on the downside. Sit on those hands, cuz you'll probably get it cheaper.>>
You are so correct. When I sold on friday I did so because of the ruling for gore, then when it looked like things would go for bush, I was concerned about getting my stocks back. I should have taken the attitude to just wait and see what happens, but I honestly thought a bush victory and fed easing, couppled with the fact that we were at that point in time all of a sudden not caring about warnings and etc....I really thought the naz was finally moving up and 2000's were gone......I bought back monday for right about the same prices I sold on friday. Yes, In hindsight, I wish i would have waited, I would be much better off, but again, i really thought the naz was done with the worst, and obviously I was dead wrong.
keith |
