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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Jurgen Trautmann who wrote (9173)3/5/2001 12:39:50 PM
From: Berney  Respond to of 11051
 
JT, Just put my Cubes fish in the box.

Whew, now your post was heavy. It is always the same in the trading world. You want to buy at support and sell at resistance. The difference in the bear is that, if you are in too close to resistance, it may be a while before you see that price again. I've got 675 shares of GLW in my Phleet, just to be a visual reminder of the rule. Bought near $59 and watching it crumble. While a minor position, it has reduced the overall Phleet performance by about 3%.

No, I have no problem with the morality of trading in a bear or bull market. As in life, the jungle awards the cunning a bounty of the foolish unaware. The real crime is these ANAL-ysts telling folks to buy CSCO at $70 and sell it in the $20's.

TB