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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (116)	12/12/1997 12:54:00 PM
From: taxikid	Respond to of 1100

buy creaf. taxi

To: Mike McFarland who wrote (116)	12/12/1997 3:04:00 PM
From: John Crovelli	Respond to of 1100

EFII, currently down 60% today in mid 15's, has been re-rated a BUY by Prudential Securities, citing very oversold position. Pru recommendation released 35 minutes ago.

To: Mike McFarland who wrote (116)	12/12/1997 3:13:00 PM
From: freeus	Respond to of 1100

Unfortunately I have to agree with you, an awful lot of making money in the market is luck. However, had I stuck to my written plan, I would have much more than I do right now, so it isnt all luck, its strength of resolve too. Freeus

To: Mike McFarland who wrote (116)	12/12/1997 4:32:00 PM
From: Dan Ross	Read Replies (3) \| Respond to of 1100

Down close to 16% in one week....OUCH!!! What a lesson.....Oh well.....I am not going to sell...The fundamentals are great w/ low exposure to Asia...they are a low cost producer vs. Cisco, COMS, etc. clearly a trader would have sold already....During finals I don't have as much time to keep glued to the Bloomberg Terminal...... I HEREBY DECLARE MY EXPERIMENT DEAD!!!!!!! JUST SO EVERYONE KNOWS....the results proved negative in the first week....therefore...I am now going to see how I can do on a 2-3 week horizon.....I feel that this is where my strength lies.....REMEMBER FOLKS, THIS ISN'T investement advice....it is about me trying to see how good I can do this in an open forum for all to criticize or praise...... My long-term results have been great.....results from trading on a monthly basis have been good too...but day trading and weekly trading don't appear to be my strength.... Dan Ross