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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: bobby is sleepless in seattle who wrote (78)	12/19/2000 1:30:32 AM
From: bobby is sleepless in seattle	Respond to of 5732

PSD.. major after burners here. sitting in a range and "exploded" out of the blocks today. Nearly a point of trading opprtunity with entry at 25 7/8-26 range, then pulls back,,,one day it may very well leave this range,,,either direction, and that's where one's experience shines. i think we all can find stocks that provide this type of opprtunity, even if the profit is somewhat less, but look at the trading history and you can easily see the range per day is nowhere compared to the extr's, jnpr's...but this is a place where you could park idle money and not give it the tremendous attention these other high flyers require. and not saying to shy away from trading the techs...I just happen to have a handicap that does not allow me to have mega positions as i had in the past and now have reduced to it to just a handful at a time,,,, when i'm feelig lucky.