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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (18989)8/7/1999 12:53:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>ahhhh .... it will come early .... or we are dead meat ... hehe heh<<

Well one of the reason my gains are small and losses are larger is just due to being cautious. I am barely using margin right now. And the doldrums comming early caught me being in heavy margin. That sure wiped out the gains with the ml's shitty comments. But as I always say, stay in the game cause you can always make back what you lost and more. But if you get out or are thrown out then there is no way to get back in. My only problem right now is what to buy. The leaders will rally hard, but the gains are small comapred to say ADBL.. I think we will only see major resistance points once we hit the heavy trading points like where ADBL opened @ 14.. Right now 7 so a 100% gain to 14 is very likely with a good market. The only question is when will it move. Look at GNET chart.. Very nice.. vewy vewy nice..



To: Susan Saline who wrote (18989)8/7/1999 9:55:00 AM
From: Jeff Jordan  Read Replies (3) | Respond to of 43080
 
Well, I remember what happened when we approached the last expected rate increase...and expect the same here. So, I believe we will continue to slide to 1252-1258...I will start buying 1268. I will be picking up internets on Monday morning 8/24. Once we have this next 25pt increase behind us the market will again look to Q3 earnings...and they will be good. Rally...to October 25pt increase. Then Y2K/tax selling worries should be picking up steam again?

...that's my forecast

Jeff