To: iod_sherwood who wrote (115185 ) 10/11/2000 8:47:55 PM From: Jenna Respond to Feasting in the Garden of the Nasdaq I don't really care if the market is up or down. Actually when everyone comes out of the woodwork and the 'coast is clear' in an rally market its usually too late to make the big money. Its those beginning reversals that are the best, to the upside and the downside, short and long. I expect Thursday and Friday to be fraught with surprises to the negative and positive but I'm not waiting around for lows of the day or highs to cash in. Its not easy to gets in or out on time, when you are just long. Traders see the stock down and yes they were out, or the stock move up and yes they were holding. But if you can get the short and the long side, you don't have to chase the longs that never say up longer than 1/2 hour. You don't have to time the market exactly because you make money on both ends. On the long side you have to catch every drop of 'wine' because there's no telling when you can make money long the next time.
