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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (14908)	11/13/1999 1:46:00 PM
From: elepet	Read Replies (2) \| Respond to of 57584

I came upon this thread last week, and find it to be the best, both in tone and practical content that I've ever seen on SI or Yahoo or anywhere else, (except for Trader J). Now..a problem for any of you who have time and inclination to respond: I've been involved with the market for almost two years now, and have made every conceivable mistake; bought high, sold low, sold my winners too soon and held on to my losers too long, shorted the wrong stocks at the wrong time...got badly burned (for me) and lost my nerve, sat and watched the computer screen, seen where I should buy or sell and done absolutely nothing, waited for a stock to come down,when I knew it wouldn't etc. etc. etc. A few good things as well...sold CD and RAD before they tanked, simply because I had a"yucky "feeling about them..made some small profits on this and that etc. made some money with my mutual funds,etc. In other words, I've been watching myself as well as the markets for 2 years, reading everything I could, trying to develop a "system", noticing the patterns I've fallen into. Now I would like to make some money. I started out with a broker and then saw that wouldn't be much fun. I've been watching the plays mentioned here and can see that some of you are winning at this game. However, it's hard to sort through the stocks mentioned..most of them seem to have made enormous run ups in the past few days...and one of my "patterns" seems to be..I'll wait and buy on the dip..well sometimes the dip doesn't come, or when it does I've forgotten the stock. Anyway, at this point I have about $20,000 in cash to invest right now (or wait as I've been waiting for a long (cybertime)while,)and about $5000 worth of "doggies" I wouldn't mind dumping if something else came along. Other cash available once I regain lost confidence. Day job allows me all the time I need at the computer..have low commission online broker. Chart reading ability is getting better, but most of TA is beyond me, and "fundamentsls" don't seem to make much sense in current market. I've made very small trades as I was learning. Sort of beginning again now. So what I'm interested in hearing about is: 1. The strategies you all have developed 2. One or two stocks that would be good to buy now. I find myself confused by the multitude of possibilities. I've read disclaimers etc, and not looking for "specific investment advice as per "financial advisor etc" just interested in finding out what you would do at this moment if you were in my situation. Hope this isn't too presumptous on my part. I may post this message on Trader J's as well. Thanks for taking the time to read this and for any assistance.

To: Rande Is who wrote (14908)	11/13/1999 6:05:00 PM
From: Robert V. Cavaleri	Read Replies (1) \| Respond to of 57584

Rande, thanks so much for your input. You have taught me much in the past. I am starting to realize myself that trading for positions can be more profitable than taking/exiting a full position all at once. Even if you do it in just two or three stages, it provides you with many other opportunities for profit, than trying to 'hit the big one'. Your successes are very well earned my friend. I know I speak for many among your followers when I say thanks for all your teachings. It's a rare thing when someone with as much accrued experience and wisdom as yourself will take the time to help others. Let's all bank bigtime on this market and have great stories to tell our grandchildren. Take care and regards. Will try to post a little more often. Robert