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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (8267)9/20/2001 11:36:25 AM
From: jim_p  Read Replies (2) | Respond to of 23153
 
KB,

We seem to be in a bottoming out process in the markets. Most of the stocks I own seemed to have bottomed. When the market sells off, they go back to the same lows, they've had for the last three days.

I just keep placing orders near yesterdays lows, and sell the excess position at the end of the day for a small profit. I did it yesterday for a +5% inter day gain on three of my core holding, and have added three positions already today which I will sell soon.

Just sold ONIS for the forth time this week for a 10% gain in one day.

I think is it wise to stay invested during this bottoming out process and trade your way into the bottom.

My JNPR, ORCL, EMC, MERX, NITE and ONIS are all up as I type.

JMHO.

Jim