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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (47657)	12/17/1999 5:33:00 PM
From: Tim Luke	Respond to of 108040

kim, you don't have to defend yourself to anyone...i have watch you in the dark without posting on your thread and you are a straight shooter....but i just felt the need to stick my nose where it belongs and tell it like it is.... the new crop of wantabe day traders are giving real traders a bad name

To: Kimberly Lee who wrote (47657)	12/17/1999 5:34:00 PM
From: marquis103	Respond to of 108040

Kim. Class post. Russ

To: Kimberly Lee who wrote (47657)	12/17/1999 5:41:00 PM
From: Shoot1st	Respond to of 108040

The big ones will always be safe...the little one will kill the group. If you had one good pick every other day....we would make a fortune...don't put yourself in the position that forces you to pick. My position here is to save as much of this threads value as possible. Shootie

To: Kimberly Lee who wrote (47657)	12/17/1999 6:20:00 PM
From: Lucky888	Respond to of 108040

Kim, How about a a recap of those losing trades you did? Oh.., I forgot, there is no losing trades for you since you just dump into your recommandations. Muhahaha L.

To: Kimberly Lee who wrote (47657)	12/17/1999 6:33:00 PM
From: Jim B	Respond to of 108040

minus the last 2 weeks.. this has been a wonderful thread Kim... (uhmm the thread has always been wonderful.. just the lack of strength and too many picks last 2 weeks).. sure am glad that you share your expertise with us and allow us all to work with each other to share valuable info.. and trading philosophies.. once again I thank the thread for their constant care and concern for my well-being.. you guys are great.. and remember. I don't risk anything in this market I can't afford to lose (though i dont want to lose of course).. folks can criticize me all they want for being a little "scatter brained" at times... but I started with $xxx dollars and am not nicely into the $x,xxx digits and hopefully within a few months will get to $xx,xxx range.. and I'm smart enough to know NOT to risk my rent money.. that in itself gives me an edge over many folks here who play with money they CANT afford to risk.. and that is just outright gambling.. point is that you're right..we can make money... sometimes though we have to lose it to understand how to make it looking forward to a great 2000! will only be holding BBY and TAN march calls when the stroke hits midnight Jan 1st. Everything else will be in cash.. just to be safe jim

To: Kimberly Lee who wrote (47657)	12/18/1999 9:40:00 AM
From: star56	Read Replies (1) \| Respond to of 108040

Kimberly Thanks for that update and overview. What do you do when a stock you like (OPTO, KNOT) starts to drop after you buy it - average down or sell. If sell, how far do you let it drop before selling - 1/2 point, etc? And what do you do with a stock like HCEN which you apparently bought at around 8 3/4 and then it drops 1/2 point on Friday. Has it stopped consolidating and is now seeking a lower low? Any insight on "consolidating" or "basing" would be helpful. I keep buying at what I think are new bases, only to see further price drops. Thanks Dave

To: Kimberly Lee who wrote (47657)	12/18/1999 10:58:00 AM
From: amadeus	Read Replies (1) \| Respond to of 108040

that's great. Certain position trades and long positions have been really powerful in the last few weeks. Though its very hard to resist the momentum trades when it seems like they are going off like bottle rockets everywhere. But it seems the momentum trades are much shorter lived at the moment, as if those with short term trading approaches are becoming much faster to take profit than just a few days ago. So many who have been taking long positions in clearly undervalued stocks (relative to their sectors)and buying and holding for longer term have been doing extremely well of late. Of course the market has sustained some powerful momentum over the last few weeks, and when this changes, long positions will be very much at risk. I suspect that the lack of sustained drive in most momentum trades right now may be more of an indication of investor insecurity about a market top as much as anything else. That being said, I believe in the current climate of mergers, rapidly evolving technologies and new markets, recent ipos setting new valuation standards for sectors, etc..there are plenty more to come just like ISLD, VONE, NTPL, BEOS, CORL... I'm most interested in following any position trades based on TA, like your mention of ACOM, NTPL yesterday, as well as the kind of unique opportunities that will continue to arise such as ISLD & the merger with sandpiper. The momentum trading, tho it can be extremely rewarding at times, also carries much greater risk, and requires and extraordinary concentration and attention minute to minute. Would be nice to do just as well, or perhaps even better at a slower pace... thanks, and look forward to your coming thoughts on position trade opportunities.