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


To: Redhook who wrote (19410)8/11/1999 3:24:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 43080
 
nets

the last time we had a net coeerction ... and everyone thought it was the end ....

it was not

now we had another net correction ...

and again it is not the end

I made several mistakes the last time I bot and made profits during the OCt correction

I got a few points on stocks and was so thrilled to be making money again ... that I sold for measily 2 / 3 points ... missing at least a month of potential gains ... (as I cannot chase for great fear of buying tops)

there is a common tendency to sell once at breakeven ... very bad (for me) to do, cause that is most often the new support line.

just wanted to share this learning experience



To: Redhook who wrote (19410)8/11/1999 3:30:00 PM
From: HandsOn  Respond to of 43080
 
Anybody thinking about some INIT here, HOOV in the green.