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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (12307)10/5/2011 1:45:24 PM
From: Robert O  Respond to of 13403
 
OT: short tech

It seems like you have found your 'sweet spot.' I think it makes a lot of sense as day trading is really in the realm of the superfast trader, superfast/leveraged intraday momo traders, and ALGOs. These entities don’t much 'care' ie set up shop to try and profit from you, if folks like you pick off longer term (swing) TA trends to some profit. Because the size of your trades (while often ballsy after some add-ons if needed) allow you to get in and out relatively easily you also avoid the bigger player's radar and various issues of liquidity, etc. I think the incremental approach is a great way to beat the market at its own [zigzag volatility emotionally driven] game- though be careful not to get to big, too fast (but since we never truly know someone else’s total financial picture I never comment on that specifically).

I think my prediction of a run to11k Dow may come true today or tom. so I plan on a possible short term tech short at or just above those levels if all else looks in order. As usual thx much for the postings from you, rts, and certain others. If it adds even one good idea, or indeed more likely adds to the cumulative wisdom of an investor, then we can all be, literally, richer for it.

RO

ps your KLIC revelation amassed under $2 was real tear jerker kudos for continuing very successfully with that in the rear view mirror.