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Strategies & Market Trends : The Amateur Traders Corner

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To: Kelvin Taylor who wrote (17945)1/4/2002 9:19:00 AM
From: Paul A  Read Replies (2) of 19633
 
bah.. are we going to go through THIS again?

Until I stop making the great returns IM making fighting the trends, all I can do is say congrats/good luck to you for making your money going with the trend.. In fact, when going against the trend its a blessing to see it extend itself such as this.. and if something fundamentally happens to change my speculation I move on.. but take MWAV for example- if you shorted last year and just rode the trend down? sure you made a great return.. but whats wrong with averaging down and waiting for the inevitable move higher.. so long as the reasons you believe that will happen havnt changed I see no difference.. Sorta like Toms thoughts on CCMP.. it COULD go to 100, but why take on the risk of buying an overpriced POS riding the trend when you can use the exubberance as an opportunity to accumulate a short position? Makes alot more sense and is alot less of a gamble..

How bout that.. good enough? You can give me all the 'i told you sos' in the world and it wont make me change my mind in case you havnt realized that yet : )
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