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Non-Tech : Cendant Corporation (NYSE:CD)

CD 6.140

-17.5%

Dec 5 9:30 AM EST

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To: Jyoti sharma who wrote (523)	5/7/1998 7:18:00 PM
From: Stevie	Read Replies (1) of 3627

Jyoti, thanks for your post... My trading strategy is kinda two fold...Im a full time daytrader..as well as shorter term investor. Generally what i do is to find a stock like cendant was at 19.. and buy in fairly heavy.. One half of that position i simply am in for a bounce..as cendant did from 19 to 24-25..and then usually i exit that half. Because thats when usually all the uncertainty begins as to what way it goes now. That part is usually the fairly easy money to make. The other part..i view as a shorter to medium term investment. AS i do with Cendant at this point. If my position now goes to 21..or stays in this range...im comfortable with it. And if it goes to low 20s again..i will accumulate my daytrading position again in it. Works for me :) Good luck to you Stevie

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