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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (3100)8/1/1997 1:20:00 PM
From: shasta23   of 42787
 
Hi Chris!

Mrvc is hanging in there between 30 1/2 and 31. But you know what...it feels good to watch the action from the sideline. I don't know if that's a good strategy but i'm much calmer today watching the market since i have only long term keepers like EMC or the speculative VLNC in there. If MRVC goes higher and breaks above 33 decisively i might just buy it again. OK i missed 2 points on the upswing but when i have a safer feeling and protect my capital that's also worth something. And if the stock goes higher from 33 who cares if i "only" had a ride from 23 to 31 and then again from 33. DO you rather rely on your sell-stops? Here in this case i would have to set it 30 1/4 and get out 3/4 lower...so i'd rather took it actively in my hand...is that a good strategy? I don't know...learning from these trades.

STefan

P.S. SUNW in dropping and we're waiting for it to come to us.(that's the kind of terminology IQ uses)
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