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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (30534)	9/21/2000 2:23:28 PM
From: adcpres	Respond to of 42787

Jan its simple. I don't invest. I gamble. I win big and loose big and hopefully when the week has ended there are more winners than losers and I walk away from the table with money in my pocket. I use the market and TA and other tools to "tip" the odds in my favor. Usually, I do not day trade but rather short term trade. I try not to sell out until I have made at least 2 points but like to see 5 or more on my trades. I never trade for less than a point as day traders do. I will only go for a point of less if I feel I am stuck and could put the money to better use. I do not subscribe to day trading. Never have. Never will. I do not want the market and computer to run my life. Lately though I must admit that I have been in and out on a few trades within a day because I am very nervous about the market and the economic situation. Like yesterday I played PMCS both short and long as it seemed the prudent thing to do the way it has behaving lately. I truly believe 3 Qtr is going to be a blood bath and I don't plan on being married to any stocks so I just want to make short trades until the market stabilizes. So that is it in a nut shell. GH