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Strategies & Market Trends : WR's Momentum Trades

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To: Bernard Ng who wrote (9632)3/12/2001 4:11:43 PM
From: ChrisJP  Read Replies (2) of 11130
 
For what its worth, my PNFT and GWRX were actually up today.

So why is my trading account down $2K today, lol ? Hint: (LATD, JAKK).

Well in my effort to end this blood letting, I called up my company 401K program and transfered the remaining $15K I had in a boring, managed, large cap stock fund into a money market fund. Hopefully, the markets will respond to my symbolic "capitulation" and reverse course tomorrow.

My kids would really like to see this correction end cuz they're getting sick and tired of their Dad using this mania and burst bubble as an endless source of history lessons and lessons in life.

Hope you survived this hair-raising day, Bernard. Actually, I'm guessing your short positions did very well !

Chris
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