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Non-Tech : Invest / LTD

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To: SJS who wrote (14097)11/30/2000 6:33:14 PM
From: The Ox  Read Replies (1) of 14427
 
I agree. Tax determination is based upon the ending transaction date.

WOW. What a day for the market. New lows everywhere. Looks like some capitulation today as many appeared to be tossing in the towel. I sure hope that no one owns the DSL sector long and if you do, my condolences!! Talk about the sector from hell.

I moved from 100% cash to 50% and bought a few select trashed companies for trading purposes only. Of the group discussed on the thread, I added TWAV at 12 (a little early, I admit!). I'm willing to get stopped out of these positions but it seemed that the risk/reward ratio was starting to tilt in favor of some select buying.

I've been trading VTSS for a few dollars each time it hits a new (short term) bottom and starts to rebound. It's been pretty good for 3/4s to 2 points each time.

Trade your plan and plan your trade!!

Good luck gang.
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