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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: Junkyardawg who wrote (14079)2/20/1999 11:16:00 AM
From: backman  Read Replies (1) | Respond to of 90042
 
dawg:
if you didn't disagree, we'd all just be playing tip-toe through the tulips...responsible opinions are what i come here for and, hopefully, offer.
fact is, while this market place may be different, given all us mom and pops and daytrading shops, some things have borne themselves out fairly consistently...check the link that glenn posted
Message 7930639
and you'll see that, while the market is going up, not many stocks are moving up with it...you'll see similar patterns late last spring, early summer, and then came the holocaust...all i'm saying is now might not be the best near term buying opportunity.
in the last month, we've watched PAIR, FORE, XYLN drift sideways to downward. if you want to buy 'em, be sure you have at least a mental stop for selling, in case the circumstances you're hoping for don't pan out.
remember, the time line for your trade/investment matters...if you're big on buy and hold, go buy some good quality oil stocks. someday, you'll double your money...if you're buying PAIR on speculation, be prepared to get out if things don't go the way you want in the time you want
LOL on your new account...remember, set stops
david