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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (18381)1/14/2002 10:10:10 PM
From: Paul A  Read Replies (2) of 19633
 
ewww.. I havnt a clue- I never even realized they sold these until I saw someone pointing out IOM as a long and I was thumbing through their last quarterly report and saw the mention in rev. breakdown..

If past performance is any guarantee, I would say its probably an incredible piece of equipment for the money. IOM has some quality stuff IMO.. sorry I couldnt give any more other than hot air : )

The volume on OSIS today was fantastic..That was the one thing lacking from VISG.. but if you recall, when OSIS announced a purchase the stock moved higher on low volume and than drifted exaclty the same as VISG.. of course VISG and OSIS are not comparing apples to apples, but IM still holding a core position in VISG and will add to it if we flounder around here. INVN scares me too much to hold anything other than a trading position.

My new years res. Tom is to start taking longer term positions.. As I type this I am sitting next to a mountain of paperwork.. I actually took a week vacation just to start entering this shit into turbo tax.. but I spent alot of time this weekend reviewing all my trades, and came to the conclusion that I could have made the same exact returns with 1/2 the effort, and 3/4 less paperwork. Im 100% convinced that aggressive position trading can be just as profitable as the best day traders returns.. but with position trading, you dont need nerves of steel.. you wont need to worry about your career ending when your 45 due to stroke, and you wont need to be glued to the screen every second of the day.. Christ- I got so bad I was to the point where I would take a quotrek into the bathroom with me : )

Lots on the mind lately.. gotta start living a bit more because it all goes so fast.. Sorta like constantly struggling to get what I dont have, and forgetting what I DO have in the process : )
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