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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Michael Rich who wrote (9)	8/27/1998 10:23:00 PM
From: Jenna	Read Replies (2) \| Respond to of 43080

Let me be the first to thank LastShadow for all the help and inspiration he's been to this thread. He's been contributory to bringing this thread to the third most popular of all time on silicon investor. I wish him luck and know he will have success on the new thread. As for us being daytrading site that is because the present market climate will 'devour' anyone who dares to stay in any longer. This thread and Market Gems is geared to Daytraders and Swing Traders. It is the belief of Market Gems and this thread on SI that short-term trading style (2-5 day holding) is very, very profitable niche for traders. Especially for "PUTS" which I have recommended as far back as August 19 when the market was still showing strength. We are not daytraders who hold for minutes and scalp for 1/8 or 1/4. It is the expert trader that is 'chameleon-like' and can exploit every opportunity whether it be Daytrading, Swing Trading or Position Trading and not be relegated to the treadmill of one trading style. If the market climate goes back to being profitable to position traders, which I feel will still take a while, than by all means we will be that. Let the trend be your guide, don't swim against the current!