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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Matthew L. Jones who wrote (25273)9/9/1999 12:44:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 99985
 
matt--

i understand your point. in my experience however, its best to wait.

bear in mind that with the bonds, they dont really lose any value since the coupon payments make up for the loss of the purchase price.

regardless, my goal in trading is to understand why something happened, right the situation and not repeat it. i've been where you are, and invariably something goes wrong with the next pick and the one you just got out of will shoot up 100%. so, i am sticking with what works for me.

the funny thing is that EVERYONE wants to be in large cap techs, until no one wants to be in them. i am not going to get stampeded running for the exit.

good luck to all,
trey