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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TraderXx who wrote (5409)	11/13/2001 10:40:33 PM
From: mishedlo	Read Replies (2) \| Respond to of 99280

Traderxx - Yes you made a lot of money. Congrats. Am I pissed at myself, yes I am. Will you keep it. Yes you will, I believe, so double congrats. Will the person who bought JNPR at 50 be selling here. 90% unlikely. Will that person give back 85% of those profits(as in reduced losses) and more. Most likely. The person who bought JNPR at 200+ will never get even. M

To: TraderXx who wrote (5409)	11/13/2001 11:36:36 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

TraderXx, I think you mis-read my post. I said I would not buy long NOW like many are suggesting. This is a very dangerous level to buy in at. The risk/reward ratio is quite skewed towards shorts at this level, and the technical indicators also are saying wait for a pullback.

To: TraderXx who wrote (5409)	11/13/2001 11:50:53 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

TraderXx, when I say lemmings, I'm referring to those who basically buy based on what they see on CNN or what they read from newsletters or columnists without doing any objective research or analysis on their own. I don't know what qualifies as a lots of money for you, but two accounts of mine are up over 100% since Sept. 21, so I'm not too disappointed in that. Another two are up over 50%. The last one is up only percentage points because it was a position taken 2-days prior to Sept. 11, and it was an S&P index fund. I got out of that last 8-days ago, so I did miss the last 4% here. Big whoop. I'm mostly cash right now, but not for long (no pun intended).