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


To: yossarian67 who wrote (330)5/25/2000 9:30:00 PM
From: Ian McGuire  Read Replies (1) | Respond to of 24256
 
evening bsim...your post hit a cord..a long time trader/buddy of mine(albeit in futures not stocks) was mentally fatigued to the point of indecisiveness...he could no longer pull the trigger even on set ups he had traded for years...this guy wasnt a newbie but spent a long time in the open outcry pits...your point is well taken, a little time off can be a good thing...btw, recently got a post card from bali..he may never come back..<g>...ian



To: yossarian67 who wrote (330)5/26/2000 12:05:00 AM
From: johnsto1  Read Replies (1) | Respond to of 24256
 
bsim. Exercise. Make the brain sweat-frees the mind and clears your vision. Works for me and recommend it highly.



To: yossarian67 who wrote (330)5/26/2000 1:17:00 AM
From: SirRealist  Respond to of 24256
 
Bill;

I'm a positional or swing trader too and agree with all you said. Except I'd say this: take 2 weeks off now. Study. I'll post more about what to study before the market opens. There'll be fun afterward, and you won't hafta wait to August.

Take your travel vacation between July 22 and August 14; three weeks will be enough. I think you'll find that sufficient without missing much action.

And the study in the next 2 weeks should serve you well in the long run. You'll understand when you read my posts.

BTW, I don't say I'm a guru by any means. But this study idea came to me tonight, and once in awhile, I actually am given the gift of insight... so see if it doesn't make sense.

Regards;

kevin



To: yossarian67 who wrote (330)5/27/2000 1:47:00 AM
From: MSB  Read Replies (1) | Respond to of 24256
 
Anyone else feeling this way?

Yeah, minus the even though I've still been scratching out gains consistently,

Its hard to sit and wait for those various deep sell-offs as have been seen more frequently in the last 6-7 weeks. Had I the patience, I could have been sitting on some nice profits instead of an ever deepening hole of debt. Bought KEM at 52+ and sold at 60 after it dropped from around 64 to just above 50. Got a fill on a GTC for BVSN at 32, but sold fearing a loss at 32 1/8 around 1:30 CST only to see it closed up to within 3/16 of 35.

Always in a day early and out the same.

"Mom, can I borrow some money?"

or

Just shoot me.