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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (48791)3/11/2001 2:29:17 PM
From: Frederick Langford  Respond to of 57584
 
I agree Rande with Buffet's stand on manipulation. I'm just a little tired of hearing, 'here's one that got it right' and it's some old economy guru who sat with little or no gains for 3 years.
The only ones who I admire are the ones who helped the people KEEP their gains made in Techs and Inets, YOU stand tall in that area. A lot taller than Buffets, Biggs or any of them that are finally in the time frame where their clock stopped.
I believe in an old adage that says, 'take what the market gives you'. If the stocks you have studied and know well are in a downtrend, don't fight the tape, just short them.
It's a lot easier than learning about a whole new group of stocks. The flexible traders have prospered in both markets.
The key is to know the direction and to use stops.
If the direction is turning, let your stops take you out and reverse position. Being stubborn is a very costly trait.

Fred