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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (1941)	12/17/1997 3:30:00 PM
From: xstuckey	Read Replies (2) \| Respond to of 12617

Hi irby, I will have been trading stocks two years in January. Before that I traded commodities for about 10 years. Still, I am frequently asked to run money, mostly by friends and family, but occasionally by acquaintances. If I were to trade with your money, I would probably lose my nerve. I wrote last week about how difficult it was for me to cover my short and go long on Intel (the trade lost 1 3/8 points, about average for a losing trade). The reason is that I am bearish on technology and semiconductors in particular. Now I do not casually think they may go down. I believe semis are overpriced and doomed for the next six months, at least. I wish I didn't believe this, as it makes it especially difficult to accept the long Intel trades. Now, I exited the long position on an overbought condition. It is rare that a long trade entered from an oversold signal and exited on an overbought signal will produce a loss. The fact that this one did only strengthens my view that Intel is a weak stock, and will make it more difficult to cover the present short and go long. I will say again: Good trading is fought on the battlefield of emotion. Best Trading, X