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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Herc who wrote (4051)9/15/1999 9:43:00 PM
From: OZ  Read Replies (1) | Respond to of 18137
 
I don't do margin because it decreases your options.

I only added that since we were discussing "perfect
scenarios". By the way, I noticed on you profile
that you like internet gambling stocks. Then you must like
the mother of them all SNMM. Well this is a good case study
(on topic) in buy and hold verses short term. Were you a
long term long. I hope you did not buy more at 29 :-)
I bought at 7 3/4 and sold at 16 then re bought at 8 and
sold for 12 all within 10 trading days. 3 months later
rebought for 10 and sold 4 weeks later at 17 (missed the 29
top and never touched it again (thank god). This was months
ago when my time frames were still shrinking as I became
more risk averse.

Regards,
OZ