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To: investz who wrote (5208)9/10/1998 3:50:00 PM
From: TFF  Read Replies (1) | Respond to of 12617
 
Day Traders should be making money..it's the long term players who are getting killed!



To: investz who wrote (5208)9/10/1998 8:31:00 PM
From: H-Man  Read Replies (1) | Respond to of 12617
 
LOL,, my worst day in the last two weeks was +3/16. Would have been 1 better if not for a mental error. Best day was > +6. Again, a mental error, could have been +2 better. + 1/2 today from 9:30 to 9:50 then meetings till 2. fell asleep at 3 pm so I missed the bounce. rats !

Go long ? NUTS ! all cash everynight. Tomorrow Clinton could resign. If not, as soon as the market gets over it, Bruce Lindsay could be indicted (will imho). IRAN gettin ready to invade Afghanistan. Japan banks on the brink of failure.

Hold overnight ? Look at the last two days of CIEN and those that held overnight got smoked.

I will wait till an uptrend to invest in longs other than 401k and mutuals i have held and dollar cost average. I will miss the bottom for sure but at much less risk.



To: investz who wrote (5208)9/11/1998 4:40:00 AM
From: Jonathan Cleveland  Respond to of 12617
 
Its not the traders who are getting hurt its the LT term
investors who are getting wiped off the floor with
tooth pics.