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


To: Rich Gottlieb who wrote (2259)3/7/2001 10:50:58 PM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
Excellent post. Perhaps I like it so much because I have been saying much of the same things.<gg> Thanks Rich.



To: Rich Gottlieb who wrote (2259)3/7/2001 10:53:21 PM
From: Casaubon  Respond to of 52237
 
careful. don't let your opinions get in the way of your investments. Have loss limit rules, and stick to them. If it runs past your loss limit, you can likely reinitiate your position at a more favorable price.

Good Luck!



To: Rich Gottlieb who wrote (2259)3/8/2001 3:36:29 AM
From: Cogito Ergo Sum  Respond to of 52237
 
Great post, Thanks. regards Kastel (EOM)



To: Rich Gottlieb who wrote (2259)3/8/2001 4:09:39 AM
From: Teresa Lo  Respond to of 52237
 
"...The current environment does not support daytrading or scalping as moves both up and down are very abrupt and generate little follow through. Rather, being a positional trader at this juncture is the only way I see you can successfully participate in the upcoming move. Accumulating positional short positions is not easy work, nor is it easy on the psyche. The fact that you will undoubtedly endure pain before pleasure is something you must understand and accept before you initiate your first order. Unless you have the intestinal fortitude and psychological strength to endure the silliness that is often generated prior to a major leg down, I suggest you do not attempt this strategy and take a seat on the sidelines. Today was one such day for me as many of my short positions went disgustingly against me. Although I felt like reaching for an airsickness bag all day, I continued scaling in and building my positions in the bloated pigs of the Dow Jones Industrial Average....

Or, he might consider simply following price and volume, and work with the market, instead of standing at a fixed point, fading it, and telling it that it is "too high":

ispeculator.com

Teresa



To: Rich Gottlieb who wrote (2259)3/8/2001 8:16:45 AM
From: Voltaire  Respond to of 52237
 
Hi Scott,

laughing my ass off, only been preaching this crap for the last ten years. Now be careful though, you're troding on Ed's sanctified turf.

Surely the Houses would never participate in such activity, after all, their only concern is the financial health of us small retail investors, right?

What they did not say is the reason that 90% of almost all IPO's by the six or seven major Houses are successful is a result of compelling the secondary Houses to support it in order to participate in future IPO's which allows the eventual pullbacks to be shared by everyone with the money made by the larger issuing House. RETAIL INVESTOR LOSES ONCE AGAIN.

Volts



To: Rich Gottlieb who wrote (2259)3/9/2001 6:16:54 AM
From: JDN  Respond to of 52237
 
Dear Rich: well perhaps the consumer is going to be resupplied with bullets. Interest rates are falling, I know people refinancing their mortgages already and saving hundreds of $$ a month. JDN