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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (3167)11/13/2000 10:38:29 AM
From: Paul A  Respond to of 19633
 
Morning Tom..

Did a quick trade on SSTI, sold a bit early, but it gave me enough cash to cover my loses if im stopped out of PRKR, ALLP and SCRM which I fully expect today..

Im taking a break.. Made some nice coin over the last few weeks while the world suffered and im not going to push it.. This market can do anything at this point and its nothing but a pure gamble.. too late to short, but crazy to go long..

off to my real job I go.. with a smile on my face because that paycheck dosnt fluctuate :)

careful and good luck to everyone.. THis market can destroy someone with too much confidence.. pure gamble



To: Tom Hua who wrote (3167)11/13/2000 11:57:05 AM
From: Roger A. Babb  Respond to of 19633
 
Tom, I took profits on shorts and puts in SEBL, MANU, and half of PWER today. The market drop is not just about the election uncertainty, it is discounting an expected Bush win and higher interest rates due to tax cuts. I expect a small relief rally if Bush is confirmed, but a HUGE rebound if Gore should win. Not a good time to be overly exposed on the short side.


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