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To: Warpfactor who wrote (85361)1/25/2001 4:12:30 PM
From: The Ox  Respond to of 95453
 
Thanks Warp,
I cashed out of the last of my tech traders last Friday. Earlier this week I did try a trade with TXCC that didn't work out and I was stopped out for a loss. It was another 'good lesson' since I tried to swim up stream (in hindsight)....big mistake.

Trading the techs in 2001 has been very profitable for me and for the most part the patch has also treated me well since the beginning of the year. I've locked in my gains and I've decided to take a more conservative approach for a few weeks. I'd like to see how the market reacts to the recent rebound. It's very possible that what we've seen so far is simply a bear market rally. I think the Nazdaq run could reverse very easily. I wouldn't mind seeing a retest near the recent lows to put the Naz on stronger footing for another move up.