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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (897)11/9/1997 8:44:00 PM
From: Joseph Francis Torti  Read Replies (2) of 12617
 
Irby, Can you actually tell me when every stock will bottom and go right back up. You posted that GE went to 63.00 and if I had bought more I would have been smiling more, your statement although is true. Can you honestly tell me you bought stocks at the exact low for the day or a week and sold at the high for a day or week. I would tell you your full of it. If I knew how to download all my trades for the last two months from my Quicken to this board you would be able to see if I had held 90 plus percent of though trades for one more days or a week I would have sold for a profit instead of a lost. The only statement that I would follow in your seven point note is number seven because I know Ge will go back up again I am not sure about any of or all Technology stocks. If I buy good medical, bank, or multinational company and hold long term or trade short term you will go better then daytrading. I was up twenty five percent before I starting with block now I am down 34 percent after daytrading with block. So for me it did not work out. But if I could have hedge my trades if I was wrong. At block I could not short against the box they rather you sell it and short it if your wrong I rather own it both way long and short then sell both at a profit. Let me ask you these Questions which company more likly would see lower prices faster Dell or GE? And who
has a higher odds of going out of business Dell or GE? Apple has made many people rich until Microsoft came along this is why I fear all technology stock. (Here today gone tomorrow.) If you are a day trader and successful God bless you, but if you tried and did not succeed then going long on a good stock like GE or any big multinational company would be your best bet in getting back your daytrading losses and your confidence back too. JOE
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