The most foolish thing that a man can do is daytrading, if you could dig out my postings in this SI, at least I mention to all many times, I bet even on this thread, I stressed to this point.
Daytrading is too much risk too little profits. You try to make some tiny gains, but you ended up losing big losses.
It proved many many times that daytrading would not work.
I got in to this thread, as I was thinking according my plan A buy in @18's and got out @20's, and buy back again, as I thought NT will be in that $18 to $20 BOX for a while, but it did noot pan out, as plan A did not work, I shift to plan B, which is long term maybe 6-9 months, look what the Chief did, too on his April 18 posting, again his plan B, too.
Dow will gain strong support and Naz will gain support at this 10500 and 2000 levels. There is no big deal,my cost is way down now, much below yesterday closed, you see.
You got to have some plans before you get in this stock market, if very short term is not working, plan B has to adopt.
John Paquet
One thing for sure though, that is why JDSU and NT all have to annouce their worst news right on the TRIPLE WITCH expiration date?? This makes me very confused, is a kind of conserted effort, isn't it??? |
