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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!!

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To: Mike McFarland who wrote (116)12/12/1997 4:32:00 PM
From: Dan Ross  Read Replies (3) of 1100
 
Down close to 16% in one week....OUCH!!! What a lesson.....Oh well.....I am not going to sell...The fundamentals are great w/ low exposure to Asia...they are a low cost producer vs. Cisco, COMS, etc.
clearly a trader would have sold already....During finals I don't have as much time to keep glued to the Bloomberg Terminal......

I HEREBY DECLARE MY EXPERIMENT DEAD!!!!!!! JUST SO EVERYONE KNOWS....the results proved negative in the first week....therefore...I am now going to see how I can do on a 2-3 week horizon.....I feel that this is where my strength lies.....REMEMBER FOLKS, THIS ISN'T investement advice....it is about me trying to see how good I can do this in an open forum for all to criticize or praise......

My long-term results have been great.....results from trading on a monthly basis have been good too...but day trading and weekly trading don't appear to be my strength....

Dan Ross
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