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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (7671)11/11/2000 2:05:33 PM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
Somehow I doubt my choice to buy was a good one.
Fortunately I still have over 60% cash in that account I believe.

However I am scared shitless in my IRA where I have been deploying cash the past couple days.

I am the best indicator there is. When I deploy cash - turnips inevitably change there minds. I deployed in the last 10 minutes in my trading account and may reverse on Monday. I did not follow the advice I gave Denice (or maybe I did if it works out cause we had 5 big down days in a row), but we will see.

If I sell, I have no doubt it will be another sell at a local bottom for me. If it sit we will tank further.

I can not seem to make a good decision that is not wiped out by a bigger loss the next day.

Now praying for the same miracle uf reversal on Monday but I doubt we get it. Had I still been sitting on my puts instead of closing them out, I have no doubt we would have reversed on Friday.