rande: my meaning of "technically correct" had to do with the fact that while you "technically" didnt call the top of the market (the naz went higher) if i had exited the market on your call of a top, i would have saved myself the haircut, my mistake was I kept my trading positions open, with my three biggest positions being cnqr, pcntf, idc, and netp, now I am up big time on the first three, but I margined the gains to keep adding, (trading positions) but I saw more potential for further gains, so i didnt pull the trigger on my "traders", I forgot to profit often, now i like these positions very much, the question is do i now ride out the volatility and wait on january run or sell these positions into strength? I think all of these will be much higher in january, so my dilema is, do i hold and ride out or trade the swings? (im thinking your advice is to trade the swings and profit often-right?)
thanks |
