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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (17830)7/21/1999 1:50:00 PM
From: Wes Stevens  Read Replies (1) | Respond to of 56535
 
I think I will hold nasc and voyn till tomorrow. After greenspan talks this market will get better - that is if he does not say something to tank it :)



To: Trader J who wrote (17830)7/21/1999 2:12:00 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
I should have been all cash going into this week,but I wasn't and realize if Greenspan says something negative this VERY NERVOUS market will go under with me now but 42% cash--and I would be gushing blood.
If I sold at this moment all my trading shares I would take an 18k loss---I have firmly decided not to sell even one share.
I do not see one stock I am holding that for me to sell now would just be
panic sell stupidity.
Gees I could say,o boy,I am all cash,if I sold,but I would be hiding the fact I threw away 18k to be able to say that--some times,I believe
making money is being able NOT to take a loss and face the fact that I didn't time the market right so live with it.Max