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Strategies & Market Trends : Take the Money and Run

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To: Challo Jeregy who wrote (16059)	8/25/2002 12:49:03 AM
From: PuddleGlum	Read Replies (1) of 17639

Challo- I'll sure let you know when the next buy signal shows up, but I hope that the "tip" will be worth more than what you paid for it! The problem with systems is that you have to stick to them, and you have to have the same expectations as the developer of such a system (Doppler gets in and out of the market fast, and settles for low margin gains on high volume trades, so wouldn't have much fun with my system). Frequently, too, a system will work in one type of market but not in others, and even the developer might not know these sorts of details. Also, Challo, since we're now in SELL mode perhaps you would like to buy some puts on an index or a stock that's about to break down? Since the beginning of 2001 those who went short at the right time could have made 4 times as much money as those who went long at the right time. That's one way to put some $$$ in your pocket. FYI, I'm not short anything right now, and I need to dump some more long positions. -pg

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