Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: Compadre who wrote (336)	4/11/1999 10:32:00 AM
From: Skipperr	Read Replies (1) \| Respond to of 2103

Hi Jaime, The reasons I use so many (5) steps in the scale in process are because of the size of the account and my own psychological aspect. I've kept a trading diary for some time now and in my own personal case, I've noted that although I have missed many of the downswings, I have not fully participated in the up-moves. I have, in fact, underperformed my own expectations. This is a personal thing that I have to deal with.... As I said before, underlying all this is that I feel that the market is going to move higher, including short-term downswings, and I have to personally deal with this the best way I can. I believe that the huge amounts of $$$ in MMF's is like "dry powder" waiting to ignite the market by coming in when it starts moving up in a big way. Also, $$$ going into equity funds is not fully invested immediately when it arrives. So, I think there's lots of buying power out there and I want to be in front of that. I agree with your NDX-DJIA comparison. In fact, my observation is that NDX leads. Have a great day! Skipperr