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

To: just_a_passer_b who wrote (31223)	8/4/2000 7:50:18 AM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 57584

RANDE, congrats are in order!!

To: just_a_passer_b who wrote (31223)	8/4/2000 8:52:18 AM
From: Rande Is	Read Replies (5) \| Respond to of 57584

Just a Passer By, Welcome to Silicon Investor and to the HOME thread. After reading your post, I get the feeling you are a bit too hard on yourself. It appears you are making good decisions and that is what matters. And as you point out, gains can take a long time, yet losses can happen very quickly. There are not many traders doing dances in August. So you are hardly alone in your bewilderment. Many investors and traders net worth is lower now than they are used to seeing. The Dow & Nasdaq averages do not completely reflect tech selloffs. So it is easy to think that the rest of the world is doing fine when you are not. But there are many days when the Naz is up sharply when the very best tech stocks are down sharply. So while you are working toward learning to better preserve those gains, consider that you are never alone in your quest. Plan your trades and trade your plan! and always. . . . .Profit Often! Rande Is

To: just_a_passer_b who wrote (31223)	8/5/2000 12:15:02 AM
From: Trumptown	Read Replies (1) \| Respond to of 57584

Hi passer, welcome to SI and, in particular, to Rande's thread. You'll find a high level of competence here. As far as the market goes, with each passing day of August, more signs of strength will surface if the market can hold it's own, resulting in people positioning themselves for a September rally. The psychology should be much like that of an October, where people will want to be in before the end of the month, but are concerned about a downdraft. At this point, things are so beaten down, my guess is that flat will be about the worst case. I'm watching 3750 for support on the NAZ, if that holds, I'll become more confident sooner rather than later. <<Perhaps I need to look at those graphs again and try harder to understand ....>> I think your read is correct, the charts look bad, but turns in this market are often quick. Your picks look pretty good, I took an initial position in Sequoia recently (I like the name, and this xttp thing sounds like it has potential), bought some COVD today. Best of luck, and go slow! SR