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Strategies & Market Trends : Guidance and Visibility
AAPL 284.15-0.7%3:59 PM EST

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To: ChrisJP who wrote (61845)7/23/2002 6:34:20 PM
From: Dave Gore  Read Replies (1) of 208838
 
We'll see intraday tomorrow or later in the week. Fairly violent reversals are probably coming. That said, just like last month and last quarter, it's stupid making big bets yet. Like I've said, investing and trading will get much easier at some point. Emotions will lessen and T/A and fundamentals will become more important. So above all else I want to preserve capital.

The only thing for me that works in choppy markets is diversification and timely intraday buys when the Market is tanking but stabilizing. Today I liked WMT in the low - mid 44's.

The rallies don't last long so buying when the Market has run up too much doesn't work. I just pick a good buy and sell point and strictly follow it for that day if the Market is choppy. At some point I really think that MSFT will rally several points, ditto WMT, but who knows what the low point will be. I am tired of delaying my food and bathroom breaks. I want sanity and investing to return again! LOL!

Where is Susan ("Stop the Insanity") Powder and Miss Cleo when we need them? They couldn't do worse than the President in calming the Markets.
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