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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (22167)9/15/1999 9:44:00 PM
From: dennis michael patterson  Respond to of 42787
 
The behavior of the net stocks is interesting, don't you think? The IIX broke the downtrend the other day, and the nutz did quite well today. I would think that with the nutz doing reasonably well, the trend would not be changing to the downside. But we shall see. Interesting times.



To: Chris who wrote (22167)9/15/1999 10:02:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
I'll say this for Csco. I have never-- ever --- lost money buying this stock. It is a wealth machine. I will buy it down every 5 points. I am absolutely convinced of the fundamentals of Csco. I made the mistake of buying it at 57 and blowing that out at 62. Great trade, sure. I would have done much better just holding it. It will never see 57 again. Selling pputs that day was the easiest money I ever made. The problem is that if you don't buy the pullbacks, you can never get into these winners when they pop. That is why Cramer's way of trading works for me. Keep some, trade aropund it, and only get out if things really look bad. I know a lot of people think October will be awful. You know what that tells me. <gggg> Everyone said the nutz would crash in Feb. And Dell would never come back. And Japan was a a sucker bet (I bought that one!! Drat) Speaking of "Drat" where's Daflye???