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To: SliderOnTheBlack who wrote (54453)	11/11/1999 9:45:00 AM
From: in_outdaily	Read Replies (1) \| Respond to of 95453

MDR: appears it will open in the 16/17 range after reporting quarterly results...

To: SliderOnTheBlack who wrote (54453)	11/11/1999 9:53:00 AM
From: SliderOnTheBlack	Respond to of 95453

Whew.... sometimes being a Pig, but not a Hog - pays dividends... Well; I thought yesterday "felt" like a good time to not be "too greedy" and to trim back the margin use; with today's OSX open - call it lucky, gut instinct; or experience - it worked. What has worked wonders for me; is selling anything, at least partial positions into these margin-leveraged little spikes. I can multiply the move 2, even 3 times; depending how far out on the "margin" edge I want to live... Sold the high flyers into the touch of OSX 80 yesterday; trimmed margin back; but also "ROTATED" into some laggards. I sold PGO, VTS for major pops - and immediately picked up PXD & FST yesterday on major down moves - 7-10% ! These are solid companies at absolute gift prices. Be it tax loss selling, or capitulation - whatever... this menu of "Rotation" ideas has not disappeared. You can sell any "runner" and not be at a loss to re-deploy capital into a laggard that is a solid company. This volatility has made "Trading" vs. buy & holding a phenomena that is incredibly profitable. This is not just churning, for the sake of churning - this is taking a margin leveraged 20-30% 2-3-4 day profit on say VTS; then re-deploying the funds & buying FST on margin on a -10% down day, pre-earnings reporting; at $11 ish - down from it's recent high of $18 ! I have 70% upside to its recent high; and I am margining that upside at a solid bottom imho; on an "irrational" pre-earnings trimming by the fundies... This technique is on its way to making me one very, very happy camper... Hopefully someone wants to take RRC down to $2 3/4ths or so today (VBG).... these sub $5 small caps are getting to good to pass up here... IIR as well in the service sector. I feel; OSX 74-76 may find some support here ? GaryB - what do you see here ? If I see, or sense weakness beyone OSX 74; I trim all margin and rotate some funds into these small caps like RRC & IIR - whose bottoms will certainly be more solid; than the high flyer large caps...