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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (40431)1/9/2001 12:16:17 PM
From: Jan Crawley  Read Replies (2) | Respond to of 42787
 
It's all noise trading

Dennis, I happily sold my sunw shares last Thursday above $33 5/8 with nice gains. But bot back the shares on Friday(toooo early) at $30. I guess "no pain, no gain"!



To: dennis michael patterson who wrote (40431)1/9/2001 12:21:28 PM
From: adcpres  Read Replies (1) | Respond to of 42787
 
DMP: << It's all noise trading. But I'll take it. >>
My sentiment exactly. My only regret is I didn't recognize it earlier before we blew out of those QVQ's back then(rubbing salt in the wounds). Hard to believe I had 120 contracts and gave it up. Last time I will let the BULLS scare me. Remember the QQQ was around 99 then. I believe you and I were about a week away from the down turn when we blew out. The Labor Day rally folks scared us -- remember the BULLISH sentiment that week? The rally never materialized just like the non-existent Christmas rally(one day before does not count). Maybe we should not be calling these runs that last a day rallies but what they really are -- "pops". The "January effect" may well turn out to be the "January defect". I just hate these old words of wisdom?.

Are you still trading SUNW Dennis? Looks like its trading range has narrowed to practically nothing. LOL -- GH