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Strategies & Market Trends : LastShadow's Position Trading

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To: BarbaraT who wrote (20488)8/24/1999 11:56:00 AM
From: Susan Saline  Read Replies (2) of 43080
 
I added to LOOK yesterday

no longer do I take full positions in these IPO's, as we are just not able to get the bottom or lowest price. The market must come to terms with 'value' of IPO's

and until it does we are at it's mercy

the only way to combat this is to buy in little portions til a full positions is taken, then show patience

I know you have patience, but I also know you chicken out at even ... I do that too. It is difficult to overcome, so with buying smaller partions it enables us to do this.

I have watched your rf**? but cannot buy at tops Barbara, it has a great chart and would appreciate your mention of it again when it has dipped for a few days

sue
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