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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (21222)5/26/1999 9:17:00 AM
From: Daflye  Read Replies (1) | Respond to of 42787
 
Ah but the "long term" holder will be fine. You know, I'm in it for the long haul, blah blah blah. Alot of people simply let a trade become an investment because it went against them. Now they have to hold or actually take a loss, an honest to goodness loss. I have no pity for those that bought at 130 thinking it was a straight shot to 150 or 200. Geesh, we're lucky to be able to play this game, pushing electronic money around trying to make more. There was some guy/gal (freeus?) on the EMC boar who didn't even know if EMC was in the S&P500. A real investor there. Really did his due diligence. oh well.

sometimes I feel like I could go off on a Dennis Miller-esque rant, heh heh heh. But hey I've gotten my ass whoopped (sp?) severely and will probably again, but I ain't gonna cry. I consider myself forntunate to even be able to do this stuff.

IBM held 221 pretty well, futures are up big, I overstayed my time on the short side. Should have set my sell at 8 1/4 or 8 1/2, wasn't able to watch it yesterday. Oh well.

SPX should be stopped around 1818 on the upside, healthy correction lows should be around 1220. eh?

I caught a late showing of star wars, I wish I could have enjoyed it like I enjoyed the first one when I was 8ish. sniff sniff.

Cheers,
D

I have no idea who Kant is, I'm guessing he's guilt ridden? heh heh heh



To: dennis michael patterson who wrote (21222)5/26/1999 10:01:00 AM
From: Daflye  Read Replies (2) | Respond to of 42787
 
Closed half of IBMRD at 7 1/2. Makes my cost basis on the other half about 1 (commish included). Will let those ride, still think IBM sees 200-205 before June expiry, I have a GTC sell at 18 in for those. Might buy some back if this relief rally lets me. Going long? Don't trust it for a minute.

DRAT, markets going down further. Could gotten another 1/2 point+ for em.
See ya,
D