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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: Jeremy G. Browning who wrote (13595)2/18/1999 12:04:00 AM
From: Glenn  Read Replies (2) | Respond to of 90042
 
Looked that way to me too.
I think this one could drive a man to a beer.
smiles, WOW that was a good idea.
I will hold longer. I dont wash out on a point and a half.
But to be fair, this might be messy.
Glenn



To: Jeremy G. Browning who wrote (13595)2/18/1999 1:08:00 AM
From: Paul A  Respond to of 90042
 
I dunno.. since the very first time I traded FORE I learned real fast just what happens when a stock is controlled almost entirely by institutional interests.. Its impossible to figure out why its doing what its doing but I agree, the volume and magnitude of todays free fall was stunning.. but why did it bounce back so hard? I just think if they DID in fact have to restate earnings this would have fallen, and not gotten back up.. No position in FORE myself but that would have been a nice loss for me if I had been home to trade the damn thing.. Any words from Anythony@pacific on this? God, I must admitt in all my years on S/I, I have never run across someone who so accurately predicts whats happening and why.. and believe me, I really REALLY hate to admitt this because he DOES know it as well :)

Just keep those stops set up and everything will be fine! take it from me, I speak from painful experiences.

Trading for a living is a great book, and dont laugh at all the references he makes re: alcholics anonymous.. I laughed and disregarded the comments only to find out that not taking a loss, or gambling I should say is something that you could not possibly imagin how difficult it is to do if you have this problem. I am actually forced now to change my entire style, the service im using and how I use it to accomodate my 'problem'. When I position trade my decision is well thought out, a plan is put into action, and its either a win or loss.. but when I day trade, I simply cannot and never will be able to control my immediate emotions.. I have an incredible ability to find value, bottoms, and short covering rallies but all that amounts to a hill of beans if I cant cut the loss on one stock a month that decided to head south real fast.. whipe out an entire months work on one foolish trade.. so so SO horrible to know the mistake your making yet you cant stop..

Looking at once again getting a position in AMFM... if it breaks $45 im out but it seems whenever the market decides to correct itself, it always takes a few good babies down the drain pipes with the dirty water.. this is another great great company..

man.. DELL.. I must say its about time they nailed this over priced monster.. I really was hoping Michael would shut the world up, but he didnt, and I found it funny that they actually announced a stock split.. If this stock rebounds anytime soon ill probably get out of the market for good.. So overpriced, so silly..

anyone doing the AOL thing for the split on Friday?

LU was down almost 2 on the split announcement today.. funny these little tricks arnt working any longer.. makes me wonder if the bear is coming out of hibernation?

welp- its off to Anthonys thread so I can get an idea what NOT to go long on tomorrow :)))