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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (521)	12/5/1998 12:18:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 99985

When the market trends roughly sideways as it has for the last week I do much better with day trades. On the other hand, I have stock that I have owned for many years so in that sense I position. But even getting blown out of the water yesterday with an error late in the day which I compounded with an SAR I recovered with an 11 point gain and stayed slightly positive for the day. So my net for December, 4 days, is over 25 points. September was a good month, I think I netted 66 points or so on 22 or 23 trades. October and early November were disasters. Why? I tried to position trade. A man's gotta know his limitations. Like it or not I'm a daytrader. I'm just going to have to live with that; have a good weekend.