gongo
>> I could very well be wrong, but with all the
bad news from IBM MSFT etc etc. I kinda see the nas
as it's bottoming for a while. To back up my statement
I am heading out for a week or so , all the while
keeping my positions all long with 5 different stocks. Here's hoping .
Mj <<
Is this a new strategy?
Or are you THAT confident?
In either case, you certainly are braver than most people.
The NAS is at what appears to me to be a critical stage,
having continued to tighten its trading range in what
could result in a break - either way.
But, I just wish you hadn't said, "Here's hoping"
Remember that now famous gem-x word (or infamous, if you prefer),
"BELIEVE".
By my rough estimation, his bucket of Must-Buy stocks on which
he bought July calls, finished down a total of almost 32 points.
Not attempting to equate your plan with his, or demean his
Wave Three theory (don't really need to as that theory
self-destructed),
just bring it up because I think in uncertain,
trendless markets, it's prudent to be on
your toes (visual: LD in a powder-blue tutu)
and "hoping" isn't exactly what I'd call
the best money management strategy.
Sincerely wishing you the best of luck,
FLACK |
