SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (16578)12/11/1999 8:10:00 AM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
Spirit, Position trading is a quiet and slow way to make substantial gains when nobody is looking. Buying XRX was the correct move. Nobody can predict a warning like that. It just happens . . you called what you saw and that is the important part.

SIDEBAR: Also, that is the very reason that NOBODY here should ever be playing 1, 2 or 3 stocks only. . .because if 1 of your stocks gets a 50% haircut, you are out of business for a half a year trying to recover. . .and you may miss the important market moves, because your well is dry. This is what happened to many short-sellers last month. Now they are facing a time in the markets that we will be telling our grandchildren about. . .and the well is dry. . . not good.

Spirit, you are truly a fine position trader, specializing in undervalued techs and retailers. Shake XRX off. . re-evaluate. . re-set your goals. . and get back to work.

We very much appreciate you sharing your trading strategies with us all each day.

Rande Is