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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (43697)	12/20/2000 3:33:14 AM
From: ~digs	Read Replies (1) of 57584

Rande, I think Joe Smith made a good point in saying that our efforts to try and accurately predict this volatile market have been mostly all for naught. Especially where concerned with picking the bottom of a prolonged downtrend. For as much difficulty as I have had with stops, sometimes they are utterly indispensable. Yesterday afternoon was a fine example. I was able to flip my long positions at first sign of no rate cut and made several successful scalps shorting up to and after the close. FWIW: I'm holding APOL short overnight from 44. They beat the street yesterday morning and traded up 25% on the day. It's a jungle out there... Stay nimble, Dave

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