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Pastimes : The OTCBB Garbage Dump -- Ignore unavailable to you. Want to Upgrade?


To: Fact4 who wrote (1932)9/8/1999 10:54:00 PM
From: JamesB  Read Replies (1) | Respond to of 2942
 
I was speaking of the difference between being a defensive trader in a terrible BB market & being an offensive trader in a money making environment. I think (hope) that that money making environment is coming back to us rather quickly.



To: Fact4 who wrote (1932)9/8/1999 10:55:00 PM
From: Wayne Rumball  Read Replies (2) | Respond to of 2942
 
Because we are heading into the winter season where people have more time to look at this stuff



To: Fact4 who wrote (1932)9/8/1999 11:02:00 PM
From: amadeus  Read Replies (2) | Respond to of 2942
 
here's what I think...

when the market is full of capital trying to find a place to go
the momentum builds and builds, and pretty soon you have skyrockets
going off all over the place with the light of a match..
we have had several momentum periods like that
particularly last fall (thanksgiving), january
and into april...
and usually when they all start going at once,
a correction is right around the corner

in momentum periods it becomes a matter of trying to manage your gains
as best as possible so your capital is in the best places
making the most it can..

but when capital is leaving the market, or a sector,
the opposite occurs..
and people take profits as quickly as possible to protect the gains
or take losses early to prevent bigger losses..

with the BBs we have seen them go
from '3 -day' wonders
to 1.25 day wonders
to selling on news
to now sometimes selling well in advance of news..

with mms taking advantage of every fear..

just a matter of how much capital there
is seeking a place to go..

another issue is now there are many more internet issues
in particular competing for attention and the same investor dollars
spreading thin, over many issues..

meanwhile, I watch, & trade carefully so that when
the next major momentum period erupts
I'm there and ready

all just my opinion