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To: chowder who wrote (40997)3/29/2005 4:09:30 PM
From: buckbldr  Respond to of 206327
 
Great advice, mr. bum. Thanks for the heads up. I'm out, never on margin (not braggin'), played a bit with both PTEN and NBR for a small profit, and bailed when my driller portfolio seemed to start "mellowing" in unison around 11:00 cst. A very fortunate, and slightly "astute" move as it turns out. Whew!!

Buck

>>It might be best to put a strategy together tonight before the action takes place tomorrow. Have a plan for a bounce and a plan for a drop. That way you won't be caught off guard.<<

p.s. This is a strategy I try to practice every day during this "noisy" bear/"hopeful"-but "cautious" bull, struggle going on at the present time. These inventory days can be dreadful or delightful....pick cautiously, armed with all the "noise" you can digest...and be ready to move quickly!

Thanks for all of your and KB's T/A advisories...very helpful.



To: chowder who wrote (40997)3/29/2005 4:26:46 PM
From: Think4Yourself  Read Replies (3) | Respond to of 206327
 
Geesh, you ain't kidding! It looks like everything did a crash and burn this afternoon. I watch over 100 stocks covering all areas of the economy. Almost all are red and the most positive in the green is only up $.24 (MRK)

Did something happen?