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


To: Connor26 who wrote (1272)1/9/2001 12:12:42 AM
From: Charlie Langford  Respond to of 5732
 
Thanks, it gets so frustrating trying to post here at S.I, but I will continue to post my thoughts and what I am buying..I did all right today, had RMBS at 40 but let it go too soon, i knew it would do well if we reversed,..Holding the Q's from 55 1/8, hoping to swing trade them here, but I can easily change my mind in this market.

I have been trying to limit my trading to finding 2 or 3 good trades a day, rather than popping in and out of 7 or 8 trades,,

I just continue to believe that we are at or very near to a bottom here. We consolidated that 300 point day, a bit too much, but the last hour action was encouraging today, but there didn't seem to be much volume in the move. There is a lot of money out there waiting to get back in, all it needs is a little encouragement. I suspect things will be choppy for another week or so, then I am looking for a positive tone going into the Fed meeting,,

All IMO,,
Charlie