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Strategies & Market Trends : One trade a week

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To: LemonHead who wrote (10)	11/3/1998 10:23:00 AM
From: Mike McFarland	Read Replies (1) of 89

No rules, if you're doing a pack a week, try just one cig a day, ha ha. The main thing is to save the trades for the best opportunities-- market goes up a couple hundred points and you have a position that is profitable...cut back. I think you want to be locking in profits when the feeding frenzy is on...and establishing positions when the world is going to end (six weeks ago). But I know there are momentum players who have done really well too...that's just not my style. Anyway, just for kicks I'll be limiting myself to one buy or one sell in any given week. The market has had a great run...this might be a good week to do one sell. --MM

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