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

To: Dalin who wrote (28361)	1/5/2001 1:47:49 PM
From: Venkie	Read Replies (2) \| Respond to of 65232

thread is too quite lately...everyone is incog...shhhhhhhh

To: Dalin who wrote (28361)	1/5/2001 3:40:58 PM
From: im a survivor	Read Replies (1) \| Respond to of 65232

<<What a crazy market.....so much for the GOOD call on Tuesday. <g>>> boy you aint kidding. guess the big rally should have been sold in to. I didnt for several reasons 1) Dont fight the fed. If I've held without selling and taken such a huge ass whoopin so far this past year, I sure as hell aint going to sell when the fed starts easing rates. It's my fault for not seeing what was ahead when greeny started hiking rates...I dont want to make the same mistake twice and sell after he starts cutting rates. 2) I sincerely expected a serious short cover rally. I figure with the rate lowering finally upon us, the shorts would need a week or two to bail from their positions, which would provide decent gains for a week or two. 3) I didnt sell because I am still so far underwater on everything and I have no idea if I am capable of timing the market. I dont want to sell into a rally, if I am still 75% down on something, especially if i think the market will rise, which I did, based on the above reasons. So anyway, here I sit, watching the naz get ready to test the lows again, which two days ago seemed like would never happen. I knew Wed was too good to be true...... keith...wishing he was a trader like in years past instead of LTB&H. Well, I do a little bit of trading, but am mainly waiting and waiting for higher prices....heck, I could be waiting til next year or longer <ggg>......at least I got my extr covered with jan 50's and my sndk Jan 60's....I guess, I'll just plan on keep writing cc's, which is what i should have been doing all of 2000 if I was going to sit and not sell....who knew a bottom would never come! keith