MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.21

+0.2%

Jan 2 4:00 PM EST

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To: HairBall who wrote ()	3/8/2000 8:38:00 AM
From: HairBall	Read Replies (2) of 99985

To All: I know at times when the Market moves dramatically emotions run high. But remember guideline # 7 Cordial and Respectful please...<g> OJ: I saw your reference that someone can not make six figures in the market with petty cash. Let's not encourage folks to invest their entire nest egg into this speculation mania. I am sure most folks think I am a bear because I call tops and I think this is a mania not a new era. But the truth be known, I also call bottoms and most of the time I am playing the mo mo issues primarily long, but I ride em both ways. I just don't advertise it. I don't say buy in now, because I am not going to be there to say when to get out...and getting out is just as important as when you get in. This is pure speculation and should not be played with your retirement monies, the house down payment or the kids college fund...ect! It should be played with funds set aside that you are prepared to loose. Folks play these mo mo stocks, but do it with speculation monies ONLY! Keep the pot a percentage (5,10 up to 20% depending on your risk tolerance) of your portfolios. If you are doing great...periodically move some of the profits over to the safer portfolios, that way you are pocketing some of the wins, along the way! Regards, LG

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