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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Copeland who wrote (6582)1/17/1999 8:44:00 AM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
Almost Everything.

I bought GBFE as a speculative play and still holding GMGC. Other than the long term hold, all the Mutuals are in money markets, and no other account has any stock.

Like I said though, the move for the mutuals is purely a protective measure. I was out two weeks before the October crash, and generally about two weeks before most of the other major dumps. From whatI am reading, there is cautious optimism for the short term, and indecisiveness for the mid term. I think the opportunity for a correction is there, but at least twice last year I moved funds out for what turned out to be a minor correction. I tend to play that to the safe side.

I will make daytrades and may hold some speculative plays overnight, but for the most part I will stay out until I see a rebound. I will probably be out of town on Thursday, so my week is a little interrupted anyway.

lastshadow