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qwave

06/06/03 6:15 PM

#116371 RE: llewxam #116354

I don't have time to daytrade like some of the folks on this board. Largely depends on how much work I have on any given day. I consider myself more of a swing trader and value investor. Sometimes I take crap shoots. SONS and ENMD were two crapshoots. ENMD went against me for a few months. Stocks like ARMHY I consider value (long term I "really" like this stock). I was buying this in the high 1s and low 2s. Hopefully get pullback to high 2's to load up on more. AWE was more of swing trade bought earlier in the year. Not all has been positive. I have had a couple that went against me this year, AMD and MU come to mind. Thought traditional flash biz would hold up and push AMD higher. Should have hedged it with SNDK. MU was a swing trade gone bad (actually now wish I had held onto it).

Lot of it is luck of the draw and the fact that current market conditions make it look like I know something. WRT SONS, I went into it with the attitude that I could lose it all. When I establish that understanding up front for a stock I will usually hold it for longer than the average bear would.