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

To: Chris who wrote (4006)	3/23/2001 5:42:12 PM
From: Chris	Read Replies (7) \| Respond to of 52237

Ill start: 1) Don't listen to the analyst recommendations, and do your own research 2) Make sure you have a balanced portfolio (especially true for a longer-term investor). Too many people got burned heavily because they were tech-heavy.

To: Chris who wrote (4006)	3/23/2001 6:24:43 PM
From: Paul Nardella	Read Replies (1) \| Respond to of 52237

MONEY MANAGEMENT! When you buy you also pick your price to sell.

To: Chris who wrote (4006)	3/23/2001 6:37:31 PM
From: robrent	Respond to of 52237

1. Never stop learning about yourself 2. Never stop learning about the markets All the choices are yours, not the markets. It's just there, like a big rumbling river.

To: Chris who wrote (4006)	3/23/2001 6:49:02 PM
From: sirinam	Respond to of 52237

A poem really helpful to me(i pick it up somewhere on a thread, maybe here...) Buy every dip in a uptrend, Sell every rally in a downtrend, The trend is your friend, Until the end, When it bends

To: Chris who wrote (4006)	3/23/2001 8:02:58 PM
From: Jack T. Pearson	Read Replies (1) \| Respond to of 52237

Year to date (from Jan 1, 2001) -10% What I should do: Trade on a plan with facts Mistake I made: Chasing trains after they have left the station.

To: Chris who wrote (4006)	3/23/2001 8:20:32 PM
From: No Mo Mo	Respond to of 52237

Spend some.

To: Chris who wrote (4006)	3/23/2001 9:02:18 PM
From: Stephen	Respond to of 52237

Chris, 1)being right or wrong doesn't matter - timing is everything 2)this is a traders market - everyone is doing it, funds, corporations and the old lady next door. 3)fundamentals do matter ... eventually 4)the retail investor is at the bottom of the informational food chain - all that matters is where the money is going 5)liquidity is everything 6)hey - the mo-mo crowd have learnt how to short -watch out! 7)the financial market and its players make the race track seem like a place inhabited by Sunday school teachers .. 8)don't fight the Fed - unless everyone else is - LOL 9)as long as you report pro-forma .... you can make up your own figures .... 10)this market may provide a new meaning to the definition of 'free enterprise' Whoops ... gotta go ... my 4-y-o has finished dinner ... I could probably think of 30 others off the top of my head - LOL .... 2001 .... 5 - 10 % + ... but personal matters have restricted my trading to some of January ... and the last few days .... Regards Stephen

To: Chris who wrote (4006)	3/23/2001 10:55:02 PM
From: Paul Shread	Respond to of 52237

1. Never assume anything. 2. Buy a company when the market thinks it can do no good and sell it when the market thinks it can do no wrong. Corrollary #1: Short GE when Jack Welch starts mouthing his own press. 3. Never believe that anything is "safe." Portfolio 1: +24% YTD (my rule #2 portfolio); Portfolio 2: -6% YTD (was up 7% before I made mistake number 3 -ng-).

To: Chris who wrote (4006)	3/23/2001 11:27:28 PM
From: JRI	Respond to of 52237

For year (since Jan. 1), around + 10%... A few cheezy Rules (but they work when I apply them): (1) When in doubt, get out (2) Don't be hero, or you'll be a zero....(cut your freakin' (talkin' to myself here) losses early!) (3) During this bear, if market gaps up in morning, and if strong longer-term resistance exists near point of gap up, go big short....very good risk/reward(like this morning) (4) Learn to listen to the market....don't tell the market what you think its doing (5) You are never as good as your best trading day, and never as bad as your worse. Chin up after the bad day, and leave the hubris at the door on the good ones. Hubris only kills. (6) Respect your fear, and fear your greed. Summation: Trading is like golf to me. You'll never master it....you can always pick up a good tip here and there.....and, once you hit a groove, something will invariable go wrong.....you can count on it.....so, properly identify the problem, and solve it immediately and correctly...oh yeah, and you'll probably get a beer belly doing both...

To: Chris who wrote (4006)	3/23/2001 11:33:29 PM
From: John Madarasz	Respond to of 52237

patience

To: Chris who wrote (4006)	3/24/2001 12:26:24 AM
From: timers	Respond to of 52237

problem is...you may have to hand the rules down to your grandkids. but even that didn't seem to work from the last time.

To: Chris who wrote (4006)	3/24/2001 8:00:59 AM
From: AllansAlias	Respond to of 52237

Re: rules, and with some reference to this thread in particular In a strong downtrend, spend more time looking for resistance to fade than support to buy. No flame intended here. I pray that I am not stubborn on the legs up.

To: Chris who wrote (4006)	3/24/2001 11:15:54 AM
From: Casaubon	Respond to of 52237

1)only buy stock during a bull market 2)only buy stock which completes a cup and handle 3) take some profits on the way up (if you do it properly the rest of your position will be free and you can hold it till you're old an grey without worry) 4) keep your losses to 8%. If you get good at identifying the pivot point of a stock which completes a cup and handle, the 8% loss rule will keep you out of trouble and generate profits over time. 5) you only need 1 big winner to make up for a few small losers. 6) if you do not follow 1-5 well, do not invest in stocks without using some form of risk management. Examples of risk management systems are: selling options, technical analysis to establish exact rules for entry and exit (point and figure charting for instance), even dollar cost averaging if done properly. 7) learn how to short at major resistance. Cover if the resistance is violated (I am just getting started with this) 8) practice (use smaller positions to practice. Paper trading helps to learn, but nothing beats real world experience of having money on the line) 9) Read and keep abreast of current market conditions as well as market history 10) To do this properly one needs to follow the market very closely. 11) Emulate succesful people. William O'Niel is successful.

To: Chris who wrote (4006)	3/24/2001 1:43:14 PM
From: byhiselo	Respond to of 52237

stop loss, stop loss, stop loss, stop loss, stop them damn losses i got to burn that one into my forehead cheers

To: Chris who wrote (4006)	3/24/2001 6:42:34 PM
From: sam_o	Respond to of 52237

Hey CHRIS!! Great Idea.... Suggestions for trading: 1.Use Stops, 'inflexible stops' don't change them once you set em. 2. Do not believe the news.. it's designed to suit the writer, not the reader!! 3. Try to think like a Market-Maker...... or, a stock's specialist. 4. Beware of 'sector' movement for your stock...

To: Chris who wrote (4006)	3/26/2001 12:02:32 AM
From: SpecialK	Respond to of 52237

Good idea Chris, 1. Use stop losses religiously. 2. It's ok to be in cash and wait. 3. Let your winners ride. They are too obvious, but far too often dismissed.