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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: Tim Luke who wrote (45333)5/25/1999 4:11:00 PM
From: MARU CAT  Read Replies (1) | Respond to of 90042
 
We may have one more bad day. But then it usually turns around stronger than ever.

I'm hoping OSI goes soon and I can buy back some of those tech stocks I just exited.

M CAT



To: Tim Luke who wrote (45333)5/25/1999 4:19:00 PM
From: Jon Cave  Read Replies (1) | Respond to of 90042
 
This market is too darn sensitive. Used too, it would take a 200+point down day to make stocks drop 5-10% accross the board. Now, it seems all it takes is a 50 to 100 point drop in the DOW to drop most stocks down 10%. I swear, the whole market followed Dell today. When DELL went up, market up. When DELL broke thru 35 on the downside all heck broke lose. I smell fear and if the report coming out tommorrow has any signs of inflation you will see a darn mess.

Bought over 3k of COMS today at 27 1/2,27,26 7/16. I swear evertime I bought the price would drop 1/4 to 1/2 instantly <g>. Keep thinking 29 is attainable in one day.



To: Tim Luke who wrote (45333)5/25/1999 4:19:00 PM
From: BestJobEver  Respond to of 90042
 
Tim...appreciate your upbeat view.

The stocks the thread is in really aren't that volatile. Though we're all ready for a turnaround.



To: Tim Luke who wrote (45333)5/25/1999 4:33:00 PM
From: gerard mangiardi  Read Replies (1) | Respond to of 90042
 
Me too Idtc ouch! Holding all though. I think sometime tomorrow we will have seen the lows in this sell off.



To: Tim Luke who wrote (45333)5/25/1999 4:36:00 PM
From: Eagle  Read Replies (1) | Respond to of 90042
 
TIM

Glad there are no nervous nellies on this thread !!!!!!
The market is no place for them.

Holding CS AG COMS JACO OSI

Until St. Luke says not to ........

Buying...........................the new Tim Luke pay site

End of story.

Enjoy the lovely Spring evening.



To: Tim Luke who wrote (45333)5/25/1999 6:36:00 PM
From: Charliss  Read Replies (2) | Respond to of 90042
 
<yesterday and today wiped most of what i made last week...>

Same here, Tim.

There is always a point for me where I have to decide to ride the stock or take the present top for sure gains, or cut a loss. This is so even with my position holds, as well as the day trades. One can always re-enter the stock, but if I am confident of the position plays I will stay in for the expected event that is the basis for the position I began.

I had positions in NXTL, SKYT, IATV, IDTC, and some others, which I terminated with profits before the event I anticipated(takeover or price target)because I simply became uneasy holding them beyond a particular point.

So, I believe it makes perfect sense at times to leave a position before fruition. At other times, it doesn't, if one remains confident, no matter how the market and the positions may be falling at the moment.

So much is temporary, including the impulsive and reactive nature of the market the last two days. I am still holding my COMS, CS, OSI, AG, SCUR, and JACO. Unless I hear or see something definitely impressive and definitive to the contrary, I will believe that I am holding solid, meaningful positions that will benefit from the events I am patiently waiting for.

Now.....I am going to play my new Ricky Martin cd and maybe throw a few yarn balls for Jennyanydots(my cat).

Thanks for what you share of yourself here on the thread.