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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (3882)12/12/2001 5:26:53 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
Peter, my sympathies. I've left a lot of money on the table in this past few months.

Nothing that hurt quite as bad as that PMCS chart though.

In my case, I just try to move on.
There are a couple of symbols I can't even look at. <vpg>

I long for the glory days of the tech run-up into the Spring of 2000, but it seems unlikely most retail investors will be allowed those types of gains again.

Everyday, I watch a dozen or so stocks on my realtime ticker. In way too many, the trading action stinks to high heaven. The charts have to be predictable for me to play them, and too many aren't.

I have shortened my perspective.
These days, I try to increase my portfolio's value, every day.

Doesn't everybody, you say.

Well, I used to be thinking in terms of weekly, or even monthly. Now, I'm a lot quicker to close a trade if I sense it's going south, and unfortunately in some cases, I've closed trades too soon.

On the other hand, I made quite a nice profit from both BI and MGI, and I'm really glad I chose to exit those trades.
I missed a few percentage points, but I wasn't holding the bag when either one was halted.

Capital preservation and patience, and wait for predictability.
I repeat that to myself, many times a day.

Cush



To: Davy Crockett who wrote (3882)12/20/2001 3:19:43 PM
From: Davy Crockett  Read Replies (1) | Respond to of 5144
 
...getting closer to my call "Oh well, I still think I'll have another chance @ picking it up for around $16.00 or so.

Regards,
Peter