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Technology Stocks : Data Dimensions

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To: Maywood who wrote (2866)	8/25/1997 9:51:00 PM
From: Staff	of 4571

Look at the amount of time this stock has been over $30.00. What has happened every time is has broken over $30.00? What are the odds based on it's past performance of it advancing from here? The public are like cattle... they love to follow the herd... They buy new highs and sell new lows when the smart money is doing the opposite.. Most old savy traders will only buy when there is what they call "blood in the streets"...they sell when the public starts chanting "ther is no toP!!!" In other words... they buy when everyone is panic selling and vice versa You chase DDIM and try to trade it based on the latest 3 day trend and get your head handed to you. Play the odds.. take what it gives you...form your stategy and stick with it... Don't worry about what the public seems to be doing that day... trading news is for suckers... by the time you hear about it the major players have already chalked it up as ancient history. If none of this makes any sense let me leave you with some common sense. WHEN IN DOUBT..... GET OUT!!! When you don't know what to do it is best to do nothing. The market trades every day... its wont go away if you dont trade today... it will be there tomorrow and the day after... The SIDELINES is somtimes the best position to take when you get so close to the woods you cant see the trees. Somtimes taking a rest allows one to get a fresh perspective... To offset a loss by spreading it up accomplishes nothing! All you do is lock in a loss.... sooner or later you lift one side and try to leg out of it.... 9 times out of 10 you will lose you @ss in the process... almost everyone I have seen spread up a loser end up guessing wrong when they leg out.... When you want to get in get in... when you want out get out... dont get cute ... the more moves you make the better the chance you will eventually make a mistake.... Good luck

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