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Strategies & Market Trends : The Market Taught Me That......

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To: Cynic 2005 who wrote (84)11/9/1997 5:40:00 PM
From: freeus  Read Replies (1) of 151
 
Mohan: What a great attitude.
I have lost 15% of what I had on Aug 8th and I am whining and crying about it. You are so cheerful!
I would love to get back into buy and hold as I used to do. But I cant, I love trading too much. I need to find a way to do it that makes money though or when I retire I'll be either working again or living on the street (not wall st).
I agree that the market dropping 15% from its high is a signal to sell. But do you think that means sell everything?
Are you completely out of everything now, or holding on hoping things will come back?
I need to do something soon to get out of margin. I am hoping for an updraft from cpq and dell. I have given up on an updraft from wdc or intel. (I still like intel but I need to sell something to get out of margin.). Maybe I even still like the others, but what is there to like when a stock is falling. That wasnt the reason we bought!
I was thinking of the 30% or 25% for trading also.
And leave the rest in long- but which ones to keep for long?
Best wishes.
Here's to prosperity.
Freeus

You can only live life as you choose if you allow others too also.
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