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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (455)11/11/1998 7:35:00 PM
From: Donna Carey  Read Replies (3) | Respond to of 56535
 
>>That is my problem with my long term holds. I am a trader by nature,
regardless of how I try to change my line of thinking. If one of my longs goes up nicely, I have to sell and look for a reentry. I have tried to change, but can't. I am getting better but it is a long road.<<

I think we're all looking into the same mirror, Jeff. That is so downright true, it's comical.
The only way I was able to stop myself from doing this was to open DRIPS for the sole purpose of long term growth. Darn good companies that I can't sell on a dime. I just keep sending them money every month, building & amassing for the long term. If they miss their qtr I don't have to freak out when the price drops, as it allows for better buying the next month.
Then there are my trading accounts where I can trade the same stocks to my heart's content. This allows me the best of both worlds: building long term wealth while satisfying the nature of the beast to actively trade.
Donna



To: Trader J who wrote (455)11/11/1998 7:44:00 PM
From: DM  Read Replies (1) | Respond to of 56535
 
TJ
I am also looking to pick up some CPQ. right now its at the highest its been since august. I am thinking of seeing if it pulls back a point or so then get in. Might happen if feds do not raise rates on 11/17. Any thoughts?

Also AFCI dropped 1 3/16 today. Only news i could find was they moved offices. 18 day ema seems to be support for last few weeks. might be a
entry point. Again any thoughts?
Thanks
DM