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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (2640)11/4/2001 11:14:45 AM
From: Rashid Garuba  Read Replies (2) of 99280
 
Softie.. I trade QLGC exclusively.. why can't you wait for the thing to turn down on a daily.. You may miss the top by 3 points, but believe me, it will give a lot more.. Or find something weak short-term.. JNPR WAS a great short.. still may fill it's gap. Software has been really weak also... You will be finally right for sure.. Got this from somewhere on SI..

"The market can remain irrational longer than you can remain solvent."

And by the way.. QLGC will likely try 43 again.. just because it feels like it. If you are trying to pick it's top, try 44+ area.. You are squandering lots of profit by not swing-trading it.

Rashid
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