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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (22564)7/28/1998 2:08:00 PM
From: James F. Hopkins  Read Replies (4) of 94695
 
Hi Donald; I made my bottom target when I went long Friday,
acceptable loss to 1120 and no kind of knee jerk will change it,
after that I feel the market is to damaged for a dipster like
myself to be messing with. I've never done good in a bear market,
I will take the satisfaction of calling the top on the 16th
even if I was a few days early, if I miss this bottom, then
things are even worse than I expected so it's time to sit back
for a while. But I am firm on the 1120, and long as long as she
don't break it. The knee jerks right now are just bait for the
day trader , and I while I'm not a long term trader I'v found
that day trading the way I'm set up is futile.
Jim
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