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

To: chowder who wrote (15596)	7/25/2002 7:44:19 PM
From: Warpfactor	Read Replies (3) \| Respond to of 23153

Hi Dabum, Last year my big successful strategy was to load up on tech when market indicators fell in line, and then hold for the intermediate term. It worked 3 times last year very nicely. This year that strategy has been a collosal flop. I continue to hold long positions in my IRAs waiting for that rally - hopefully it will come or I my need to look forward to my senior years as a greeter at Wal-Mart. I will tough it out with the VIX so high, but one cannot help but believe that the SOX will head lower ST. My tech successes this year have been: 1) Shorting tech - was such a winner in June but seems dangerous now 2) Going long tech for short term (1-2 day) trades when market indicators (including my TRIN rules) give the ST signals <<Warp, one of the things I've learned about TA is you must move fast if the price doesn't support the indicators. Pre-market showed the semi's were going to take a hit and I placed my sell orders in pre-market. Based on where I bought yesterday and where I sold today, I managed less than a 1% gain after sales commissions.>> Excellent points! I had thought I was doing myself a favor by sleeping in the first hour of trading, but if you are playing the ST game then the first hour is very important.