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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (20366)	11/15/2000 9:33:45 PM
From: Marshall001	Read Replies (1) \| Respond to of 24256

Greg, I am already sitting on too many "undervalued" stocks.. My own private Mutual fund is full of 50% growth and P/E's under 20.. All are down at least 25%. I'm done "Investing" till this market can prove to me that its ready to go higher and stay there again. I didn't trade at all today and missed wonderful opportunities long and short. But as I stated on the chat.. I don't like to trade FOMC meeting day because of all the uncertainty. I didn't do a darn thing today. The market presents opportunity each and every day.. We just have to be on the same page at the same time. We can scan sectors and find value till were margined to the gills.. Won't do a bit of good if the market doesn't cooperate. So I gave up.. I am a dayrtader till the market tells me otherwise. Eventually everyone will see that were running around in circles for no reason whatsoever. I am sure that the 125% gainers are out there but how many failures do we find in the meantime. I'm tired of trying be what I was last year. It doesn't work. The market is not the same. Anyway, its always tough to look back like that. Remember that RBAK sale at 72 last night? RBAK went to 82 today. Can't look back. Gotta look forward. The hot sector changes from day to day.. Todays DD is yesterdays news. Gotta find whats strong today and trade it. Well enough ramblings... See you tomorrow, M