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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (64)	5/22/2000 4:03:00 AM
From: Zeddie88	Respond to of 24256

Penguin Mon, Good point about the tied China vote and Nas movement. A friend and I were discussing this WTO decision and monumental though it is in terms of recognition of China, the fact that we traders are placing so much immediate emphasis on it potentially moving the market as a whole this week, just illustrates how desperately this market is seeking good news - any positive news - as an impetus for movement. That being said, my decision to squirrel away some CHINA was just based on the calculated decision of saving some stock that I'd acquired cheaply to sell into any potential pop on the news. However, overall, I would much rather adhere to the safer "buy, sell, repeat" routine. Squirreling away CAN be dangerous unless you take a cold, hard look at the risks/rewards and have an eye on the exit at all times, ready to scamper away at the first whiff of something dangereaux:) Sue - the scampering one:)