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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (9491)3/1/2001 6:12:44 PM
From: Bernard Ng  Respond to of 11130
 
Chris, actually i was hurt that bad.. I rided it down then bought it back, made two trips on it... then i decided to short it at 38.5, nada.. it consolidates and did a power ut... ouch... but made good money on it today :-)

The boucne is awesome, if I didn't go short, I will be riding it from $35 to $42... but NOT! :-(

I don't know if a stock is bottomed until they turn around or unless it trade less than 0.1 for NAZ stocks... I learn that we should not second guess the market, be a follower of the trend.... trend is your friend, be it a macro or micro trend :-) Calling the exact bottom or top is not what I'm concerned... making money is.. LOL.