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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37958)6/19/2001 12:04:23 AM
From: RR  Read Replies (3) of 65232
 
Any BULLS on here! Evening Gang! How's everyone doing?

Out of state. Couldn't follow the market much, but didn't plan on doing much, if anything, in the market today anyway.

Not much conviction. No direction.
Gurus still scratching their heads.
Some say it's the end of the world but don't have the guts to go short.

Due for an up day on the Naz. Maybe Tuesday.

Hang tight. Patience.

Downside? Maybe. What will prop the market up I keep asking.
Naz may chew away at that 1925-2000 gap a bit more.

Some say it goes to 1850 +/-. I don't know. Seems it could have done that already if it really wanted to. Heck, I wonder why it didn't just get taken down to the 1925 area already.

Don't see any mass exodus with hands up the air and folks screaming.

Patience....

Me? I'm staying with my strategy that has worked so well for me since last fall. That is, just playing QQQ options, puts and calls. Not trying to be in the market every day. Just playing some swings at times. Has worked well. Not going to try the individual issues until there is some stability.

Although I played JDSU short term calls last week, that one lost, for now. Took some lumps on it, but I broke my plan. See, I can be stubborn, too. Naw, it's called greed....

You'd think I'd learn.....

Set your plan. Make it come to you. Have discipline to the plan. Be aggressive, but have patience, then have the guts to execute!

RR
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