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Strategies & Market Trends : The Options Box

QQQ 631.13

+0.9%

Jan 27 4:00 PM EST

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To: tekboy who wrote (736)	5/25/2000 9:16:00 AM
From: Poet	Read Replies (1) of 10876

Oh man, I'm busted! Sorry, I didn't get your Hedy Lamarr/CDMA joke. I've got a fever and I think some of my brains were stolen in the night. And to show you how really "off" I am, I first thought you were saying that Ms. Tekboy invented WCDMA! I was very impressed. Here's another snippet, on trading methods in sideways markets, from the Wednesday Option Investor newsletter: "Bear markets will expose weaknesses in your discipline, weaknesses in your system and weaknesses in your execution. If you find that you are having too much difficulty at this point, sit it out. A good market will return. If you must trade at this point, it is critical that you ratchet up your focus and discipline. It is simply hard to win today. Nevertheless, most experts will tell you to find one system that you are comfortable with. Find several stocks that you know well. Trade only those stocks and trade them only in your one system. Do not use margin in sideways markets, but instead maintain a comfortable amount of cash. This cash reserve may lead to explosive gains later when a bottom is finally reached and a rally ensues."

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