To: IndexTrader who wrote (115 ) 5/13/2000 11:01:00 AM From: coug Read Replies (1) | Respond to of 306
Thanks Susan, Yes, there are many wonderful people on SI, You named a lot of my favorites..plus there are a lot more.. I have a tendency to take my life's experiences and comment on them.. sometimes ad nauseum. I always tell people I have six billion people to meet and hear their story.. Now cyber space is one of my tools.. So that attitude gets me in trouble on the net, but never in real life... I guess I cannot judge the situation here very well , but in real life, I size it up before making a move. IMO, communication and interaction, would solve most of the world's human generated problems.... Closed groups, whatever size and format..fearful of the new, bring on ignorance, prejudice and all those bad words and eventually strife.. Enough on that. I think I posted yesterday morning that the market early on appeared to be weakening from the early surge,, It didn't improve IMO, and by mid day, my volume, price and beta stuff were all close to "sells" so I sold my NTAP in my long term account. I'm glad I did because things didn't improve and I am on a 60' sell as of now.. Daily is on a "buy". And I saved about 4 points per lot on the NTAP.. MY other "in play" stuff, JDSU, RFMD, etc. also closed weak if I remember right.. So I'm flat, all cash in the trade and raised my long term cash account to about 25-30 percent. Actually I MIGHT play the short side a little bit, Monday,, through minis or options.. but VERY CAREFULLY since there was a LOT of upside MOMENTUM starting early on May 11, and it might take about three days to wind down. A three day LONG SHOT maybe we had.. right up to the Uncle moment I hope your SW demo went well and made a bunch to embellish your weekend with.. take care now.. m