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I am not laughing at anyone.
Currently, my own style is limited to selling most of my positions and going to cash
because I believe the market is under distribution.
Rather than get into the reasons for this, let me just say that if I am incorrect then I
will have fresh cash to pursue new positions. However, if the late selloff today was any
indication, there should be several bargains by mid-November.
--PJS
>
> I am getting A LOT of replies concerning my trading style or lack of it.
> These replies and comments mostly positive are coming directly to me. Thats
> fine, but it does nothing for the learning process of others. Since I am
> taking the time to explain what and why I trade both good and bad. I would
> hope everyone could reply to me via this forum so everyone might learn from
> your thoughts.
>
> Unless the management find this disturbing...!
>
> I am trying to keep this in an educational format. It is hard to think too
> deeply when you are in the middle of a trade, so I just let you know what I
> have done as soon as I get a confirmation of a trade. The logic or lack of
> in my trade will be explained later.. Your thoughts pro or con are valuable
> to those trying learn this process.
>
> Believe me it is harder trading when I know 20 or maybe 2000 people are
> watching and sometimes laughing at my style.
>
> I can afford to make mistakes. You might not be able to . Remember Trading
> on PAPER is MUCH different than the real thing!
>
> So consider this a lab course, and I'm the live test case...
>
> Regards
> Don Green
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