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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (5563)	2/28/2001 10:43:13 PM
From: Jenna	Read Replies (3) \| Respond to of 6445

Amen Dave.. the thing is that by then many traders have been indoctrinated that scalping is the way to trade and to look for entry 6 or 7 times in the same stock, because they didn't get it right the first time. Hopefully, when the time comes that can take advantage of good swing trades and even a position trade here and there or at the VERY LEAST a trade you can hold for much of the session, trading is nothing more that like shooting those stuffed ducks at the rigged local carnival. You can shoot 5 times and maybe win once. The reason all the hard work is put in is to find a better way, a better company, a better alternative. Going in and out of MUSE, CHKP every day for 1 point gain and 3 lost is what most people are thinking is trading and they scorn the trader. I would scorn the trader myself. I could do a watch list in 15 minutes if that's all I was looking for, heck you wouldn't need a trading room or a watch list or even SI.. you can just step up to the carnival booth get a few darts and sling away. Its going to be a tough rehabilitation after this is all over. Who knows if trading or investing will ever be quite the same again. Everyone was guilty of letting the 'bubble' raise to gargantuan proportions, even the mutual fund holder should have just taken profits. Of course the most guilty of all were the brokerages, analysts, etc. We took profits in Mutual Funds way before that. Perhaps the best thing for some is to take a breather, kick back and just observe or trade very sporadically. That last headline is critical. The Fed is now in effect stating in public that the stock market has fallen far enough. Some people (Olivier Asser) were getting hostile and manic, so Debby a poster, asked "Mr. Asser stop criticizing let's hear some picks of yours" when we were successfully calling shorts in October and by November 17, he thought it was outrageous to continue. See link below of what he expounded on November 16. I think it only fitting on the day that IWOV hit its lowest and and triggered a short this morning at the triple bottom breakout. This is only 1 of probably 100 such e-mail, here it is straight from SI this 'case in point' was particularly amusing in his pompous holier than thou attitude. We recommend the long-term purchase of: (November 16 see link below) 1. JNPR 2. IWOV 3. EPNY 4. JDSU 5. WCOM 6. ATML 7. GLW 8. ALA 9. RSAS 10. $BTK Index Fund JNPR and IWOV are the top 2 picks. All the Best, Olivier That is what happens when tempers flare and this fellow who has a chat room was indignant we were calling shorts and he had his trading room and didn't do anything. So what do you do? Leave them alone until they self destruct.. and put their feet where there mouths were. Message 14834936 The economy is in a precarious state and the press is filled with articles upon articles and I wonder where were these articles last week in September and early November. Instead of finding an answer people like these are just moving directionless looking for fault, blame and even deride when deep down they are just angry at their own inadequacies. Its during harsh times like these we must keep our intellect in balance.. don't lose sight of what is important because others have lost sight, and we'll be fine.