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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (59103)	4/25/2002 5:03:49 PM
From: bambs	Respond to of 77400

as i said..there will be pull backs along the way...and i take advantage of such patterns in my trading. anyone that sees gold break out and thinks he can buy stocks that gap up 10-15% and not see some pain is a fool. buy weakness and sell strength. look how far most gold stocks are from there 50 dma's. buy there. and load up heavily at 200 dma's. trading is hard...almost every time you buy a stock you are going to see it fall below your entry at some point in the short run..when you buy stocks that have run up 200% or more in a few months you must be prepared for pull backs of up to 61% of the recent gain...more likely 50%. i don't know who was buying gold stocks today...the charts were telling everyone one this break out was coming days ago..in the last few days it was time to over load so you can take profits the break outs and maintain core long positions. bambs