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To: SecularBull who wrote (90464)	1/21/1999 12:08:00 PM
From: Venkie	Read Replies (1) \| Respond to of 176387

1 thing about trading..It doesn't matter if the market is having a good day..as long as you can buy at some point and sell on a bounce..The dow can be down 500 pts when you buy as long as you get the bounce..Market timing....Thats very risky..You do have to have a little gambling in your blood..I like to look at things this way.......Go to bat 10 times..If I can get 7 hits then it will probably be good..Always keep your cash safe and ready even if you have to take a hit or 2..7 out of 10..I try to never use margin..You can st a goat of 1000-2500 dollars a day..Play when you want..up or down market days..The buy and hold..which I do..You in and if the market goes down then your equity goes..visa versa..But you have to play because your trapped in..I may change my strat. someday but not today....I love playing the game..It makes me happy when I write the taxman a ck.. My ??? is when do I buy 1000 shs of yhoo and wait for that thing to bounce.I say 200-220..some where