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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (79532)6/15/2002 9:35:56 PM
From: fletchb  Read Replies (1) of 99280
 
Zeev,

I just need patience on buying this coming bottom. The three OB's that I've had filled are so far OK, except RDRT. I know you've said not to jump in too soon because it can go much lower, so stops are set.

I guess there are several methods of entering. Buying in partial positions, waiting for the charts to wedge up, jumping in when a market target is reached, and OB's.....to name a few.

I think I'll use a combination of all those above. I just know from prior experience how painful early buys can be. It's funny how buying a play at 10 that then falls to 8 hurts but buying at 10 after a bottom confirmation, just feels so much better. Of course both buys are of equal value.

So far the Turnips are turned to near perfection and I'm thankful for that.

Fletch

PS When you say you’re at 85% cash, I'm curious what longs you still have faith enough in to hold. Is MAXF one of them, along with some others bought long ago much lower?
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