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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 (4502)	1/1/1999 5:27:00 PM
From: JimBeamII	Respond to of 90042

Glen -- I too have let the 4 p.m. liquidation rule slip now and then, recently. I actually held IFLY and TMAN this weekend. However, because I do believe the market is going to slow down the first quarter -- not necessarily to a bearish rate -- I'm definitely going to be much more disciplined and get back to day trading fundamentals. I'm going to use 1/2 of my assets for day trading and 1/2 for position trading. I'd say that the last month and a half a LOT of self-described day traders have gotten caught up in the "trend trading" frenzy. My primary resolution last night was to become a much more disciplined person in 1999 ... get back to the basics that let us survive this market. Prosperous trading! jb