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Pastimes : The Big Tex House of Coin

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To: BigTex who wrote (17270)	2/24/2001 6:45:04 PM
From: Jeff	Read Replies (1) of 19297

its no secret bubba.....just like last year when folks were selling too early on penny crap.....in december i said load and hold......and look what happened.....many 10 and 20 baggers.....and a 100 plus bagger..... this year in december i clearly stated my plans......i said load tax plays up because they will run wild in january......then i said i was just playing the big boys long and short because this market is dead till next fall.....so this year i'm holding nothing long except for a few penny crap that may have a good story to get a nice run.....even called the feb crash long before it happened..... so i made a killin' on tax plays.....like i said...the only sure play this year will be easy money tax plays..... then i just found a few penny crap to load on the bottom and wait while i started trading long and short big money stocks...... you long the stupid pump jobs like yesterday......but you will make more being short overall...... yesterday i was sitting real pretty in my shorts from a week ago adding up my cash as the market tanked.....then all morning bob pisani of CNBC was saying....." i was talking to traders and they are looking for an afternoon run"..... well i'm sitting there laughing and saying to myself that nothing can make this market run now except a pure bullshit act by the big boys......every friday is a selloff.....no news is coming.....and monday is going to be bloody as the market breaks down under 2000 and i get fat in my shorts.....roll well.....around 1:30 yesterday.....as i was watching my SPX and NASDAQ intraday charts.....i noticed a stoch 50 bounce.....and said you must be kidding...no way is this market going to run now.....but that stoch 50 said it was going up......then all of sudden bob pisani reports that some former fed gov said the fed may cut as early as monday or tuesay......the crimial act was set in motion.....the big boys loaded up knowing this was coming......and the little guys start covering their shorts and swearing up a storm at CNBC for this most obvious market manipulation act that they did.......shorts had a big payday coming monday.....so the big boys had to shake em out...... its that simple..... so now.....if the fed cuts.....everybody knows its coming.....selloff if the fed doesn't cut.....selloff...... nothing to run this market except rumors by the big boys... i made more this year short than long because we are in a bear market and the trend is stronger down...... so i'll say it again......the tax plays are gone...that was the easiest play of the year.....if you missed out.....oh well.....i gave all those plays out in december for the big runs.....now they are done till next year...... now i'm playing the swings up and down by going long and short on the best money stocks out there..... i'm using all my chart secrets daily to make money on many different plays.....i gave all those secrets out on this thread......those that payed attention will do fine......those that follow the pump and dump threads will have a tough year....... the worst thing you can do is follow these threads for stock picks..... when all you really have to do is find a few good stocks......learn em well......and play them over and over again.....its a money machine......but when you go looking for picks off many threads.....you have no focus and lose more than you win...... and for those who wish to follow others for picks.....all you have to do is check charts for the secret signals i gave out before you buy anything...... and in this market......you either sit and watch till next year......or you learn to short stocks......because making money long in a bear market is like pissin' into the wind.... and the easiest play to learn shorting is playing the QQQ......everybody should be playing them anyway... so i just have a few longs i'm in that won't hurt me because the overall market doesn't effect them that much...... i got longs or shorts going intraday everyday.....i trade these off the market swings using the spx and nasdaq intraday charts...... the overall market is down for the year....but i have made a killin' thanks to my pure concentrating on tax plays early......and then going to safe intraday trading of the big boys......its the only way...... i very seldom ever read the boards anymore.....because i see everything thats moving anyway......and nobody can tell me things i don't already know......that way.....by not surfing the threads during the day...i keep my focus on making money on the moves of my select group of stocks i trade...... the easy money days are gone.....those who are still alive in this market better focus on a few stocks and stop chasing everything they think might move......because they won't have any money left for the new bull market next year..... so either play the shorts and longs intraday.....or a few swing trades.....or sit out till next year..... the key word this year is focus......no more throwing darts.......roll!!!!!

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