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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Glenn who wrote (2492)12/5/1998 12:38:00 PM
From: Paul A  Read Replies (1) | Respond to of 90042
 
big correction? Mail me one of those crystal balls damnit!

Thats one reason I became a trader, because I realized you can never predict whats going to happen from 1 minute to the next so just go with the flow- in and out and it dosnt matter. No holds unless I have a buffer for a gap down..

Lets be honest, how many people here thought without a doubt that we would never hold the gains the market made yesterday? Also, the internets- finally some profit taking hit over the last few days and they dropped like a rock- but how wrong has everyone been on those? Hell... its easy to say shorting EGGS at 40 after such a powerful runup is one thing, but who could have predicted it would just keep rising like it did?

Gotta rest up this weekend.. next week will be a traders dream if you can get with the flow.. the volume being thrown around is amazing.. I think what will kill most of us traders in the long run is these damn discount brokers.. Im putting the internuts behind me now for that reason.. DELL/CSCO have real market makers.. I swear to God some of my Italian cousins are probably making the markets for COOL, MALL, EBAY- its crazy what they are getting away with.



To: Glenn who wrote (2492)12/5/1998 4:09:00 PM
From: Tim Luke  Read Replies (5) | Respond to of 90042
 
newbie day tardes:

feel free to start a Q&A session here, maybe you can learn a few things from some of my many mistakes over the years