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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (408)	4/23/2003 1:25:38 AM
From: GraceZ	Respond to of 4914

Looks dangerous to me going forward, BTWFDIK I'm always nervous when I'm long this or that, but I try to not let it keep me from making money. It's the kind of market that is almost impossible to initiate a long position in, you keep thinking that maybe you'll buy this or that if it pulls back, but when it does pull back you're convinced it's starting to fail, so you don't get onboard. Meanwhile I'm just holding what's working, adding to positions and selling the dogs. If I hadn't been long going into the October lows I know I wouldn't have been able to buy. The way it came out of those lows didn't let you. It kept gapping up and selling off. So you have this feeling that the market is falling. Yet stuff just keeps grinding it's way up.