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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Michael Rich who wrote (23897)2/26/1999 4:14:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
Mikey

my exact sentiments...interest rates way overblown...SOX red?? yeah like blood...red....i bought during the sale<g>...

Judy, needs a Brinks Truck for that haul....

Have a great weekend...let's look for bargains...gee the nets held the entire market UP!!!!!!amazing where the "real" money is going...

later my friend...



To: Michael Rich who wrote (23897)2/27/1999 7:45:00 PM
From: Judy  Respond to of 50167
 
A few thoughts on trading and investing ...

Traders take profits at resistances, they don't ask why and move on to the next trade.

Investors at resistance gauge the status of the intermediate-term and assess whether the long-term story is intact, and will act accordingly. An investor goes shopping when

#1 Unless an investor foresees a multi-year bear market, he will buy at value points and not be swayed by transient emotions and fears, averaging down when necessary for no one can truly time the market.

#2 When a stock or sector is about to enter a new growth cycle, astute investors will double up or add to their positions and not mind paying the higher prices. CSCO ... a trader might see a potential H&S forming while an investor sees one of the finest reports CSCO has produced in many quarters and a period of multi-year growth ahead. An investor would not mind paying current prices, and if the timing is off and CSCO drop another 7-10 points ... so be it for in another year CSCO should be at much higher levels.

More thoughts another time. But examine the exit points of traders ... some of these points are where astute investors double up. Stock selection is key, of course.