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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (619)	3/26/1999 5:29:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 10601

Yup! Bought some VLO early last week. It's been a good ride but now it is approaching some serious resistance levels. As always, the question is to sell on a pull back or add more to the position. Fundamental data is inconclusive for now, but I think the risks are limited since we are still near the lows and I think those lows will hold regardless of the market. I doubt if anyone made money today, unless they day traded. 4 out of my 6 longs went up and 4 out of my 6 shorts went down. Even so, nothing much came out of it (mildly positive). I was going to short NETA at 34, instead I wasted time chasing after someone who could lend me some KIDE for shorting, to no avail. I should remember that a skinny bird that you can catch is better than fat one that flies away <G> BTW, there is now talk of starting a futures contract on an Internut index! Now that is a trade that can add excitement to anyone's life, long or short <vbg>. Somehow I doubt that it will go through. There are mechanical problems that limit its chances. Sun Tzu