Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dalin who wrote (25325)	12/15/2000 12:55:06 PM
From: Sully-	Read Replies (2) \| Respond to of 65232

Hi Dalin, >>"But if your gonna sell some for trading, you have to let it fall, and not worry about getting left behind on the upside. Only today did I start buying heavily the stuff I sold at 3000. One thing I learned about trading this market lately.....let it swing wide.....especially on the downside. Sit on those hands, cuz you'll probably get it cheaper."<< Perfect words for the current market environment. Of course, when folks figure out that this trend works...... it won't work any more..... :-\| One thing though. When trading or even when selling LTB&H's...... once you have sold, let it go & do not worry about it running away on the upside..... There are numerous other quality stocks out there..... you locked in your profits...... and that is a good thing. One other thing I might add. One does not have to always be 100% in the market. Being partially or completely in cash is not a bad thing..... sit on your hands & wait for the opportunity to come to you. Regards, Ö¿Ö

To: Dalin who wrote (25325)	12/15/2000 12:55:26 PM
From: im a survivor	Respond to of 65232

<<That was a good call. I had sold some of my trading stuff at that level too. But if your gonna sell some for trading, you have to let it fall, and not worry about getting left behind on the upside. Only today did I start buying heavily the stuff I sold at 3000. One thing I learned about trading this market lately.....let it swing wide.....especially on the downside. Sit on those hands, cuz you'll probably get it cheaper.>> You are so correct. When I sold on friday I did so because of the ruling for gore, then when it looked like things would go for bush, I was concerned about getting my stocks back. I should have taken the attitude to just wait and see what happens, but I honestly thought a bush victory and fed easing, couppled with the fact that we were at that point in time all of a sudden not caring about warnings and etc....I really thought the naz was finally moving up and 2000's were gone......I bought back monday for right about the same prices I sold on friday. Yes, In hindsight, I wish i would have waited, I would be much better off, but again, i really thought the naz was done with the worst, and obviously I was dead wrong. keith