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To: The Duke of URLĀ© who wrote (178752)7/21/2004 7:16:02 PM
From: James F. Hopkins  Respond to of 186894
 
Zeev is a little over my head, he seems to do OK
with most longer term calls. As a daytrader I wouldn't
know , heck I'm not good at daytrading and wouldn't
know a good one . I do some short term trading
like mostly 2 days to a week, and that only works
when the market is trending up..which it's not doing
at this time.
I'm on hold now and wish I had stayed there before
this last leg down started.
----
With the VIX and VIXN so low I knew I should
have stayed 100% cash , ( which I was before
last week ).
----
It's times like this that turn a short term trader
into an investor.
I'm still mostly cash and bonds however I won't put
any more cash in stock unless I see some real
panic via the VIX.
---
I can't recall such a sorry market with such
a low VIX. All I'm holding is INTC and AMAT,
and it looks like I'm going to be holding them
for a while.
Jim