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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (3739)	11/18/2003 6:16:13 PM
From: Ken W	Respond to of 23958

Mikey, Bernard and gang. Mikey! I never use margin for a long trade. While I do maintain a margin account it is only for shorting and not long. If I get a borrow on a short sale then there is an immediate buy to over set 15% higher. I've been stopped out a few times on shorts, but most have paid off. <GGGGG> Gaps are not that hard to figure out!! Look for a hole in the chart where no line after it has not come down "fill the gap" Think of it as dropping a bucket down a well.. Every thing between the water and the bottom of the bucket is a gap. Each time to pull tight on the rope there is a gap to fill to the water...That gap can only fill when you let go of the rope and hit the water with the bottom of the bucket...simple!!!!!!!!!!! Bernard. INAP is having a problem with some insider near year end selling. The stock has come a long way over the past 6 months so I would expect company people to be taking some profit on their options. If the 1.54 gap does fill, I'll be there to help out. For now, I'm holding off any more buying. As we know this can be a very volatile stock....that's why I like it!! <GGGGGGGGG> Sergio: I still have had no luck with finding "you know who". Ken

To: lostmymoney who wrote (3739)	11/18/2003 7:11:51 PM
From: Ditchdigger	Respond to of 23958

Hi Mike, no, I let GW go for a small profit..I think oil service might be a great place to be at some point, but the index is still battling resistance at 85-86..Until the overall market direction clears a bit, I will remain in cash. I'm now back to doing carpentry work for the Winter, so don't have much time to trade rapid fire <g>..I still think this current mutual fund deal will continue to expand, souring new investment into a market which has run fast and far this year.And IMO, this latest mtual fund fiasco, will be perceived as worse than the last brokerage firm/corporate fraud fiasco(we know that the brokers/mutual funds are out to screw us for a %, the average mutal fund holder does not, but is now waking up to the fact and not liking it<g>). I firmly believe that a major part of an individual stock's move is directly related to overall market direction, and I'm just not sure if that direction will continue to be up in the nearterm, so I really don't have any desire to even hold many individual stocks. doom and gloom, <vbg>..DD PS: I've had fairly good luck with Ameritrade placing limit orders, although they have screwed me a time or 2 just filling a small fraction of the order, right near 4:00pm and collecting their $20 commission<g>, guess everyone has to make a buck..