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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: James Strauss who wrote (959)8/10/1999 11:20:00 PM
From: Ken W  Read Replies (1) of 1316
 
James:

"daytraders" I do not doubt their stats at all and I hate losing the stake and potatoes. I seldom daytrade as I'm never fast enough to take the 1/8 or 3/16. I perfer 3 to 5 days for real short term and 10 to 30 days for the longer ones. Several friends have tried and lost most of what they started with.

Some memorable trades I can think of: BAMM bought at 3 sold at 11...went to 47..SORC bought at 8 sold at 10...went to 15. ONHN bought at 5 sold at 6...went to 24...PSIX at 6 sold at 10 went to 60's All of these were within 90 days of my sell date....obviously I'm not holding long enough!!LOL

I have rectified this problem though and plan on having a much nicer looking portfolio...

Okay I left out AOL at 50 and sold at 160 LOL Made up for some of the other stinkers.

Ken
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