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

To: Susan Saline who wrote (21521)	9/14/1999 12:27:00 PM
From: BarbaraT	Respond to of 43080

Well, Sue ... tried 100 shares at 26 - got scared out and sold for commissions, then bought it back higher and made a point. I'll take the $100 and be happy! RFMD - good for swing trades if you watch the charts. It continues to make new highs, then takes a few points backward, and then goes back up. Yesterday when I posted- added 100 shares at 49 7/8 and foolishly sold this morning at 51 1/2 .. got nervous when I saw it go down and thought I jumped in too soon so bailed as soon as I saw a profit. However, the pattern is up a few points, back a couple, then up a few. For "swing traders" is a steady pattern. I am just going to hold my "long" position and not play the swings. Need to keep some cash, which is steadily declining. Did buy IMON this morning and set a 1/2 point stop - and got taken out. So these little trades balance me out for the day.