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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (1907)8/18/1998 9:35:00 PM
From: SJS  Read Replies (1) | Respond to of 14427
 
I'd love to have the time to trade like that, but I don't (right now).

It's hard to be be a bear when the theoretical trend is bullish (in this universe, at least...)

With those kind of trading patterns, you're Schedule D must have 1000 pages...I can see your accountant licking his chops when you walk in the door <g>.

If you believe that we haven't fundamentally changed anything (Asia, earnings, etc) then the longs right now are dancing on the bear's grave for only so long. I moved into cash and ain't moving out until I feel generally more confortable that a LT trend (one way or the other) is re-established.

I may daytrade, but nothing longer than a day.