VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (10537)	10/31/2000 6:48:36 PM
From: Clappy	Read Replies (2) of 65232

Hi RR, Moo Moo Mooving On Up! Yee Haw! Our baby bull Nazzy has been runnin' sorta funny lately. Up and down left and right... He's young so we have to have a little patience with him and help get him pointed in the right direction. I stuck a compass to his cow bell and explained which direction is North. He seems to have gotten the idea now... I'm lovin' SDLI, JNPR, and CIEN. It won't belong before they are on top again. So will EXTR, EMLX and many of our favorites. Anyhow, this morning I jumped in 100% invested again. I rode up until 3:55 PM and then skimmed off the frothy cream. It makes me 75% in the market again. Now I have something set aside to buy on the dips or if something fancy catches my eye. When there is cash on the side, a person can smile when panic selling occurs. The cash is there to take advantage of it. It also makes a person less likely to whine. He/she can actually say, "I'm buying in here" on those days of panic. I got a taste of it during the past two weeks. Now that I've tasted it, I believe nothing is sweeter. I nailed SDLI at 200 and a few others near the bottom. Without some cash on the side, I would not have been able to take advantage of the sale. I've always been guilty of jumping in with everything I got. I find that I would have to sweat out the deep downturns. Now I look forward to them. These downturns appear to be the best place to make some money. I guess the key is to go in a little at a time as it keeps dropping. Then as the stock recovers and begins to get above the prices you bought at, you can take back some of your cash to use on the next favorite that may fall. Anyhow, it's a system that seems to be working for me right now. Hopefully the whiners took a tiny bit of profit. It may come in handy during the next opportunity. I believe this small amount of cash has more earning potential waiting for a dip (in a quality stock) then it does trying to squeeze out the last drop from a stock. At least that is the way I'm beginning to view it. Moo Moo! Let the bulls run! I'm learning a lot by watchin' you dudes. -Clappy

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