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Re: ajtj99 post# 238477

Friday, 04/30/2004 11:27:59 PM

Friday, April 30, 2004 11:27:59 PM

Post# of 704019
Actually, I stayed out until July 3rd 2002, then I went in full speed, and a week later (after taking from the MM's some very nice profits into the first week of July), I got my hand cut a little, but I was faster with my stops than this time (I have about 4 positions which I wish I handled better ?). Mind you, despite the fact that I was unable to "play" from noon on today (I had some "visitors"), I still managed to get te buckers plus from BRCM, NVEC and LSCP and took "partials" on the rest of the Q and few others (like the bu$$ and even CCMP), on top of a pentabucker plus from BIIB and last night, the double buckers from both IRF (where late in the day, today, I got back in at a discount to my entry yesterday, big discount to last sale, of course) and CDWC, so not a real big hand cutting day....Yesterday was tough, but with two stocks (TARO and TASR) yielding decabuckers, the minor hand cuts were not terrible. The funny thing is that during the last 140 points decline in the Naz in the last week, my folio is actually a little ahead... It is quite possible that this "happy circumstance" is painting my views on the market. I have tried, in vain, to find a rational reason to get my bear suit out of the closet, but I can't. Actually, some of the turnips are starting to show renewed erubescence and turning bullish here, despite 1940 having been taken with a vengeance. They tell me not to panic and wait until we see the nature of a bounce, and a bounce will have to come "sooner or later" (g). Better sooner than later, since my cash is still quite arrogantly low just around 5%. Luckily, I wisely stayed out of TASR and MAGS today (tried one TASR trip for essentially naught, and gave up, luckily).

AZH

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