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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: lakeoffice1 who wrote (92406)1/10/2006 6:20:21 PM
From: Jeff O'Brien  Respond to of 100058
 
Hi Lake,

I am still taking a longer term approach, but haven't given up the day trades totally, although I think I will soon. The days are much calmer when you aren't day trading. Also, my business has a full boat load of work for the next 6 - 8 weeks, which will make it almost impossible to day trade.

Yes, I agree about BRCM and many others. They are getting a little ahead of themselves and a pullback is in order.

I agree with the adding onto winners and cutting losers or never doubling down on losers. I have done that in the past and it almost always made the loss that much bigger. I hope I've learned...

Happy Trading,

Jeff