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

To: westpacific who wrote (51647)	5/23/2001 11:06:03 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

WestPac, I agree with that post to Tradelite 100%. I have said here many times that everyone needs to trade both ways. Yes, there is money to be made both ways. Today, I did well selling GENE that I held overnight on takeover speculation . . a position trade. Just one of many techniques. . . .position trading, swing trading, daytrading . . . all of which work both long and short. And as I said just yesterday, Work out your OWN style of investing and/or trading. . . .and become an expert at it. Fewer mistakes, fewer risks, fewer losses. . . . let the gains take care of themselves. Rande Is

To: westpacific who wrote (51647)	5/23/2001 11:08:37 AM
From: maverick61	Read Replies (1) \| Respond to of 57584

"Trade and do not hold overnight. " - What a load of crap - If you followed that philosophy from the end of March, you missed out on significant profits as a whole lot of the gains we made came in overnight gap up's. Sure, there always are intraday trading opportunities, both long and short which many here take advantage of - but to ignore the overall market trend because you have no hope and live in a bear cave is just plain folly. The vast majority of traders understand risk, and I would say the folks on this thread are well aware of risk management - they don't need your doom and gloom outlook to guide them BTW, when is the NAZ going to hit 800 - which I believe is what you were calling for just 2 months ago?