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

To: Susan Saline who wrote (19023)	8/9/1999 9:03:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 43080

Susan...apparently the entry was a mistake? I think you noticed that...A few months back there was news of what a great investor Barbara Streisand was....well I believe she's just about given all her profits back. Beginners luck? People you have to take those profits....this is a volatile market...nothing goes up forever...You can't get ahead selling losers....unless you keep them under 10% INKT AMZN STMP trying to move up... ATHM...going down

To: Susan Saline who wrote (19023)	8/9/1999 9:07:00 AM
From: Jay Lyons	Read Replies (1) \| Respond to of 43080

>his justification is slightly flawed ...if someone were to trade in their AOL taking a 50% loss, then go into strong KIDE .. as it runs ... chasing ...? I would surely be even sicker to have entered KIDE (now a momo) at 48 ... to see it fall to low 30's 3 days later. It's all a matter of timing.< Maybe his point came across better with the accompanying charts. His game is breakouts and breakdowns. He picked AOL and KIDE because one was breaking down and a good short, the other was breaking out and was a good long. (By his methodology) His point was why leave your money in a stock that your methodology now says is a short candidate, rather than taking your money out and finding a chart with good long potential.