Oh ok. I guess I misunderstood you. I understand that you must be nimble. In fact,
I have traded 4-6 times per day and sell at the slightest downtick. I have been very paranoid
trying to go long because I just have this feeling that very soon, Argentina and Asia and all
the crummy earnings are gonna really take effect and people are gonna crash this market to
hell. It's really tough. I have a few stocks that I notice are still low today and never even
participated. (The SEMI COMM CHIPS were the ones that went up the most today. The biotechs
are still pretty down, but like the OSX oils they could go down a lot more. Catching a falling knife
is really dangerous and I am afraid to try. Anyway, yeh, I guess the best length of time to hold
a stock any day is maybe an hour or two and that's it. I just wish I could swing trade with relaxation
like OJ seems to do, but I don't have OJ's guts. I know he says just use a stop loss, but I am sick
of getting stopped out, since I tend (have) to buy a lot of shares at one time. If you have a ton of
money, then you can buy tons of little small positions, but I really don't have too much. I got rich
once in the bull market, but this market is just a depressing meatgrinder. Anyway, I am going off
topic now I guess. Do you still have all your CORE IMCL stock long? That one got whacked.
I wonder if 41 something here is a buy. |
