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

To: Susan Saline who wrote (23506)	10/15/1999 3:51:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 43080

>>I felt the panic jeff ... << were you wearng your panic sun glasses? I KNOW I WAS!!!!!!!!! Bought some more INIT.. heh.. dont ask me why.. Sold PPDI for a 1/4 now I just have to make back like 1/2 to break even :>

To: Susan Saline who wrote (23506)	10/15/1999 11:34:00 PM
From: Jeff Jordan	Respond to of 43080

>>>I felt the panic jeff ... <<< That short little selloff around 10K just shows how fast the market can move..... I was so caught up in Trading in/out of WOMN I didn't notice the DOW was down 260pts. until I suddenly realized I was down 7/8-2pts on my last trade on twice as many shares? So I started to panic alittle at the thought wiping out my gains from the previous trades...I don't like doing that so I got ruffled alittle...buying instead of selling is usually a good tactic....I think I do that only about half the time...the other half of the time I sell before the top....it's best to sell after the top....I guess that's the difficult consequences of scalping short swings....you run the risk of making a mistake or two...it's alot easier when the markets aren't correcting!