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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: Jim Goodman who wrote (641)3/11/1999 5:34:00 PM
From: Jim Goodman  Read Replies (1) of 660
 
anybody out there ? though taking some quick, very small Puts losses (as always happens before we catch more, correctly, which do fall nicely), have been actually still finding plenty of "PSYCLE sm" puttables, many of which ARE falling in price, even as a small number of extended stocks sucker in more people on potential fakeout breakouts here....but there is too much "media-driven excetement/fluff/optimism" around again, and carefully eyeing "potential rallies that fail" ahead, within the confines of "PSYCLE sm" rolling tops, ahead ? we shall see....a few real small losses never hurts, provided one cuts losses, learns the patterns, and doesn't quit....meanwhile, as you know, we caught many Oil Service stocks for large, quick longside gains, out of most of them early Thu., best wishes, keep in touch,
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