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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (12636)5/25/2000 9:34:00 PM
From: avanti77  Read Replies (1) | Respond to of 19374
 
Hi Reid,

talking about a very short term investment

I believe that's the only kind I've made since January! Took a look at the chart, and it looks like were talking cat juggling here <G>. To be honest with you, given the market sentiment on p/e's, I don't think I'd hop in here...or if I did, I'd watch the intraday action carefully to see if anything was lining up. Looks like the stochs could hardly go lower, but they could conceivably drift along the bottom. That psychological close in the 40's is a real flip of the coin, but not one I'd be given to make. 45-47 is where I could be tempted to juggle. That said, the market changes mood by the minute these days, and has required a great deal of vigilance on all trades. Intuition and watching level II carefully has ruled for me through April and May, and oddly enough the volatility in certain stocks has moved my account 40% to the upside over this period. My major hesitation with AOL is that it trades on the NYSE, and I can't get an accurate picture of what's trading in the shoot.

....However, I am considering it a bullish signal that you're getting antsy to trade again, since you've been a paragon of patience in sitting out the downward trend of the Nasdaq that you so accurately called months ago.

Best, Donna