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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: JLS who wrote (30791)7/28/2000 4:40:06 PM
From: Joe Smith  Respond to of 57584
 
So my visit to the dark side was quite profitable today. Just a short visit I assure you. Adding to my powder. I made a similar visit late last Summer as well. No one near as much invested as when I am long, but it is profitable. Will probably take some profit at open Monday on gap down.

AETH -13%
BRCD -12%
QQQ -5.5%
ASKJ -6%
ISRG -5%

Added RRC under 3

Earnings are over. Where is the good news to take us back up? 1/4 point in August is looking quite likely I would say. And August is August. And they are going to be out for blood here I think.

Either things are getting more transparent or I am picking up something from reading this thread for a year. This is the first month I can compare my performance with performance from a year ago without the thread and there is no comparison. I struggled last July and prospered this year. I think that i have finally learned to listen.

I leave it to those more nimble than me to scalp some profits here. I always sweat hard for a small profit at best in these situations. My hats off to those who can prosper.I will wait for a rally. 3500 is very likely now and below is certainly possible. If you use 3000 as your target you can't lose IMHO. The worst thing that happens is you miss the first leg of the next rally. I wasn't buying until 3200 in June and I didn't lose much by waiting.