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Re: MyHunch post# 15186

Tuesday, 04/29/2003 4:07:40 PM

Tuesday, April 29, 2003 4:07:40 PM

Post# of 25232
I play like a "college kid during spring break" I take what I can get and hope to keep any 'hangovers' at a minimum. Never look to 'marry' any stocks, just have a good time as long as they will last. I don't believe folks that say they are long or short without showing stops, proof of entry or at least a valid watch list with chart or at least triggers for their focus (long or short and WHY) Real traders are showing frustration and can be trusted while those that act like trading is just one fun romp through the daffodils are just 'daffy' period. Traders that go out on a limb too many times with 'all or nothing predictions' are just playing with twigs and couldn't go out on a limb or trade with anything as heavy as a wishbone. The best traders have their doubts, only childlike traders always seem to be on the right side of trades. That makes it a shame for those really wanting to make more money and thinking that they are doing something wrong.

Some are 'survivors' which make the earnings plays so worthwhile for me while others are just born to party (ELX, KLIC, XLNX, ALTR etc) These are my favorite markets as I play on the "bullishness" and "bearishness" of others and move 'between them' looking only at the PLAYS and not the market. Of course I did look for the 10:00 economic report today but saw it more of a 'short the sentiment' rather than buy the sentiment. Ironically when I get really upset at a loss (the XLNX loss this morning of a short) when I get really aggressive to make up for that loss and that's when I short hard.







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