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

To: Canuck Dave who wrote (17881)	7/22/1999 2:54:00 PM
From: Wes Stevens	Read Replies (1) \| Respond to of 56535

Dave, glad you are out, as I am getting clobbered today, although not as bad as earlier in the week. I had 50% cash this morning and got back in too soon. Pick your spot to get back in carefully.

To: Canuck Dave who wrote (17881)	7/22/1999 2:57:00 PM
From: Triffin	Read Replies (1) \| Respond to of 56535

CD .. market I've been in the 'day trader' camp for awhile .. the only things I've kept in the trading account overnite have been a few of the post-ipo plays .. not too happy with a couple of my 'long-term' plays either .. Jim in CT ..

To: Canuck Dave who wrote (17881)	7/22/1999 3:21:00 PM
From: Trader J	Respond to of 56535

CD: I know the feeling....I struggle with that as well. Nothing wrong in saying what you are hoping for.....we will all understand. :o) J

To: Canuck Dave who wrote (17881)	7/22/1999 3:45:00 PM
From: LTK007	Respond to of 56535

I know your conflict CD,I have,a couple times been all cash(well maybe one time:) in a similar situation finding that on the one hand I was wishing for a further tanking and on the otherhand worrying about cyber friends---but when all cash in this situation it is human nature to think that way---it's natural. I myself,have,in my decision to not take my losses have factored in a major tanking "what if scenario" and that is why I MUST be very care ful on now holding my ammunition I have left,and NOT try to guess bottoms--for instance if I were to pour all my remaining cash in now,and we then did tank--then I would be in trouble.Good Luck,Max