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To: Bill Harmond who wrote (99973)4/11/2000 9:35:00 PM
From: Sam Sara  Read Replies (1) | Respond to of 164684
 
I am still very much a student of TA, but a nightly review of charts has proven to be eye-opening. Patterns really do repeat, although it has taken me a few losses to drum into me the importance of timing.

Short-term movements in market are very hard to predict, but they are not purely random.

Hard to escape the conclusion that we are going to experience some more downside here.



To: Bill Harmond who wrote (99973)4/12/2000 12:13:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Next time I think I'll try some covered call positions.

William,

Covered calls cut my upside on a lot of stocks last fall. Granted, the premiums are high but these are volatile enough to blow right through the strike. I stopped writing covered calls.



To: Bill Harmond who wrote (99973)4/12/2000 1:32:00 AM
From: Libbyt  Respond to of 164684
 
>So I decided to try the long term route this winter.<

I just finished paying my taxes.....which to me is the best argument for long term buy and hold!!! If you are not on margin, then the wild volatility in the market is not as difficult to watch if you are not trying to time the market.

Libbyt