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Strategies & Market Trends : WR's Momentum Trades
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To: Kimberly Lee who wrote (5388)2/10/1999 9:57:00 PM
From: LTK007  Read Replies (1) of 11130
 
<<Personally, I won't initiate any position trade until I can fathom the direction of the
market and the several major sectors. >> agree with this Kimberly,am unfortunately trapped in one position trade right now because of market mood etc.---it is always a real nuisance to get caught in a position trade.
Didn't pick-up on RFGI event until it was already 11--and decided then it was just too iffy to predict the open tomorrow,so stayed out.
Been watching end day action on NETS past 2 days---both days closing up very strongly---the chit-chat boards talk of them announcing a collegiate internet plan next week---have not entered,for the reasons already stated--nervousness about position trading right now.Good Luck,Max90
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