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: Boplicity who wrote (28457)	1/6/2001 1:22:36 AM
From: CNC	Respond to of 65232

Greg, thats what I'll do to, or at least take no loss over 8%. I'd rather take a small loss now and come back later when I see the trend clearer. I used half of my cash to take new positions on Thursday. Well maybe its too just too early, but I think we have to be within a few hundred points of a bottom. Here we go again CNC

To: Boplicity who wrote (28457)	1/6/2001 11:54:50 AM
From: im a survivor	Read Replies (2) \| Respond to of 65232

<<Me, I got my stops set 5 points or so under the last lows, if I get stopped out, I'm taking a trading holiday. >> Arent you now feeling that the worst is over and it's time to buy....I hit the link you sent volty......you seem to think smartly in that now is not the time to fight the fed. Youmentioned this bottom is simiar to the last top we had..the top shoulda been sold, the bottom should be bought.....now I see your comment about setting stops $5 under......heck greg, in this volatility, doesnt that make you kind of like a sheep in waiting. $5 aint nothing the way these stocks move now.....those mm's, will see those stops and come right on down and steal your shares....meanwhile, lets assume stocks do drop further....would that not be an even better time to buy..instead of sell. I know you are "preserving capital", but if you feel we are closer to alow then a top and feel this is when we should be buying, it would seem to me if they drop your stocks those $5, you would be taking advantage and buying more, rather then selling? Just trying to get some idea's......if the mantra is true that we should not fight the fed, then yes, we may go lower, but the end result should be higher, would you not agree? TIA Keith