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Strategies & Market Trends : Sharck Soup

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To: Jerry Olson who wrote (26904)6/9/2001 1:39:26 PM
From: Paul A   of 37746
 
Seriously- I do appreciate all your opinions.. I set points where I do throw in the towel, but on this last move ive been pushing myself a bit beyond what I normally would only because I honestly believe the market will recognize what IM saying and the semis get priced accordingly.. I also use common sense like a close over 2300 might be time to admitt defeat heh.. THats why last Thursday I was biting my nails because I figured it was time to back off.. :) (thanks JNPR)

See- emotionally I cant daytrade.. Only on rare occasions will I buy a massive gap down and set a stop like 1/2 point below my buy and go for the gusto.. but I gotta be careful because my temper gets ahead of me and so many timse in the past I blew 3 months profits just to 'make it back'.. Thats my demon so I position trade, and for some reason- even tho the loses are the same if the scenario dosnt pan out, I accept it because its drawn out over a week or 2..

Err I still get angree when the smallest thing dosnt go my way but the difference is I dont react to it in a desperate manner.. : )

Im glad to see you think we have a pullback here.. My biggest problem with the tech sector right now is that people just went right back to bidding up everything.. I guess alot of it was short unwinding.. stocks like MU? or Intel? I know they are beaten down, but there are some serious long term issues here that wont resolve over night.. now AMD on the other hand in my humblest opinion is probably going to be one of the best stocks to own for a 2 year hold.. and the rest of the tech sector has some incredible values..

Im heading to a computer show now.. Dying to see the traffic (or lack of) there.. I hate semis.. but id love nothing more then to buy AMAT near 30-35, or AMD in the low 20s..
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