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Strategies & Market Trends : Massacre on Wall Street -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (38)1/30/1999 12:37:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 92
 
Antoine, I may go long the most popular trading sardines, but that does not mean I'm bullish on the overall health of the market, or that I thinks them underpriced. These trades are made solely on the basis of price action and market sentiment. Quarterly reports for both companies are coming out, and I believe that's why the run up.

I just can't see not participating in the mania. The 'nets are too volatile for me, and I am currently cut off from trading the big names there (AMZN, YHOO, etc). Some days I regret that I haven't jumped in completely, but I suppose there really is no way to tell when the market will turn. I must admit though, upon awakening this morning I was ready to capitulate and thought seriously of going 150% long Monday morning.

Barb