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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Prophet who wrote (2845)	2/13/2002 7:44:46 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

Prophet, I have been holding very little overnight all week. I'm not fond of daytrading but what else can you do in this climate? I DO like the volatility and may be at my best when reading fear and relief and timing entries. I still laugh at that idiotic panic on one of the best stocks out there, SYMC, the other day when it tanked to $30+. What a no-brainer that was! But I am sorry that so many are really doing horrible in this market. They need to be more careful about protecting capital and waiting patiently for high Reward/low Risk trades. The VIX and VXN do not look good, so you have to think the market will go down, but I never depend on my guesses, especially on options expiration friday week. Maybe the BIG BOYS want to panic the shorts a bit more and get stocks to higher valuations before they tank the Market. After all, they want Maximum R/R themselves.