Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: JoF who wrote (32322)	11/23/1999 4:17:00 PM
From: westpacific	Read Replies (1) of 108040

Protect profits, box your trades, work your stop loss strategy - Nasdaq has run hard and fast last couple of weeks, look at your profits! Market needs to breath, took profits on positions that have run today. Still holding and buying on this sell off - plenty of good plays at these levels. Not building cash position just yet, market will run again after the holidays in my opinion, this week we will see more of this and would not be suprised to see the selling continue on Wednesday and maybe Friday. If we close positive on Friday be ready for the rally Monday. If it stays red over the next two trading days - Monday could be nasty.

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