The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (11543)	2/2/1999 4:58:00 PM
From: Rick Faurot	Read Replies (2) of 90042

Tim, I really tried to think like a position trader today. Bought PAIR at 10 1/16. When it started sinking my daytrader instincts took over and I stopped out at 10. Reentered at 9 7/8, flatted that one. Bought 10, sold at 9 7/8. Bought 9 7/8, sold 9 15/16. Bought 9 15/16 the last half hour...GSCO dropped into the ask and I flatted it again. From a daytrader perspective I did great. Stuck to my normal approach. Just not a daytrader stock and not a daytrader's market. I enjoyed giving it a shot though. Was kind of fun being in a trade for once where I didn't have my blood pressure up around 200 trying to execute trades! Hehe....well, live and learn, I hope. Tomorrow's another day. RickF

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