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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (1292)10/16/1998 11:01:00 AM
From: LastShadow  Read Replies (2) of 43080
 
IQBAL and IBM

Great thinker - whereas I tend to float into and out of shorter term trades, he does maintain his positions. I have no clue what the market will do. My horizons are further out and closer in. Although I wouldn't hold stocks for as long as he does, it is because I don't have as good a view on the longer term market as he may have. So I tend to exit and reenter with the trend. When the market is volatile and Stocks get beaten severely for even meeting numbers if the future isn't just as rosey, it makes me a little hold-shy.

As for IBM and some others, they were looking ready to short and I called that wrong. They corrected down for a couple of points, but it wasn't the big correctin I think you and I and Judy are looking for. It'll come.

ls
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