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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (54521)	8/20/2002 5:38:22 AM
From: Jill	Read Replies (2) \| Respond to of 65232

I realized the obvious some months ago. You have to know what market you're in, and you have to recognize when a market changes so you can change your strategy. So for 10 years we were in an unprecdented bull. Then we went into a bear and that was pretty fast decline when the bubble popped and now we're in a trading range. The hedge fund are making lots of bucks shorting and then covering and buying in this trading range. Who knows how long this will last y ears maybe. Y ou can't get rich overnight in it but you can make good daily moneyh. Which I am not doing as I am too friggin' busy to watch the market right now, and you really do have to watch and imbibe it. Teresa is doing hit and run stock trades. If you buy 5000 shares and it goes up 50 cents or a buck and you get out (or goes down, either way, if your play is correctand your stop is tight) and the stokc is relatively cheap you make good money, it really adds up. Or Volts is doing the QQQ. Or others the DIA. But you can't do it with scared money and mine is still scared. You need to do it with money you have a lot of and can afford to lose.