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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (9674)5/3/2001 12:51:21 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 15481
 
my target is 2075...gap fill.

But I am most likely wrong.



To: Rich1 who wrote (9674)5/3/2001 1:52:08 PM
From: Junkyardawg  Read Replies (1) | Respond to of 15481
 
Thoughts:
I have been doing an experiment the past 6 weeks.
As you know there are several sights on the internet now where you can trade the market with "fictional" cash and trade it just like a real account.
I started an account 6 weeks ago using a theory that so far is working like gang-busters.
My plan is to keep 40 stocks on a watch list at all times and never add or subtract from that list. What I want to do is find out what those stocks are doing no matter what the rest of the market is doing. So far I have gotten a good feel for how the 40 stocks work in the market short and long so it doesn't matter what the market is doing I still make money.
My mistake last year was trying to buy the "hot" stock or short the "cold" stock.

I started the account with $500,000 "fictional" money and as of today the account is worth $960,000. I dont' trade options and most of all do not touch BB stocks or anything under $5 and my plan is working so far.

Now the question: WHY IN THE HELL DIDN'T I DO THIS LAST YEAR!!!!!!

thoughts from the dawg