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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (27230)6/12/2001 3:19:47 PM
From: Jim Spitz  Read Replies (1) | Respond to of 37746
 
Electric,

I agree that I see a lot of predictions out which I just can't see happening. So I generally just ignore what doesn't make sense to me. I often see people buying when I won't, but they often know the individual stocks and I haven't researched them yet, so I just stay pat, at least until I have time to look at them. I also notice that I see some people claiming that stocks "rocketing" when they move a little bit. I don't have anyone on ignore because you just never know when a gem will show up. When I say that I 'feel' that something is going to happen, always take it at face value. I don't have a lot of analysis in my background so it is just a feeling. If you agree, great, if not, well, just ignore me. I use charts to get a feel for spinning stocks or momentum mostly and look for gaps that may need filling eventually.

I have developed a way of trading from the gut, some DD and the use the FUTS to avoid fighting the market. I used to try fighting the market a lot and became a 'stuckholder'. I hate that, so I will now bail early to avoid it. I am happier for it. I like this thread and how it works and enjoy participating.

Stay in the Black! jimS