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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (798)	9/1/1998 1:32:00 PM
From: Jenna	Read Replies (1) of 7247

Tim a question for you. When you say this in your thread heading. <<I do believe that we can make an average return of 20 to 60 % within 2 to 10 trading days>> I agree and I like that. I'm at the other end of your range for say 'earnings plays' (i.e. about 20%, hopefully).. But what about days like today or even days like yesterday when a trade would give you easily 5-10%. I'm asking because every time I think I want to hold a trade overnight (i.e. say NSCP) I decide the profit is enough and not go for more in this volatile market. When do feel it's okay? It's obviously more intrinsic lately in the market climate than the fundamentals/technicals of the particular stock.

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