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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (28832)	2/28/2003 12:05:18 AM
From: isopatch	Respond to of 36161

Hi Jim. Don't know. Anything is possible. Many, maybe even most people like price targets, often setting them weeks or months in advance. There's nothing wrong with doing that. However, I'm a bit of a maverick in rarely using price targets in my work. As long as I get into a high cash position near important tops, the back into fav stocks near important bottoms, and stay on the right side of the trend? The profits are very rewarding and I'm careful to preserve that new capital. When there's no strong trend, I'm more cautious, hold high cash and ST trade here and there when I like a specific setup or trade flow in a stock. The result has been for the accounts go up nicely every year. In fact, this approach must be aging like good wine. The past few months have been the best of my career. Now...if I could just write a good song for Shania:o) Iso