|
PureBytes Links
Trading Reference Links
|
No way will buy and hold become the norm. Sounds like another topping fear
indicator. A commission based trading industry will see to that. MB's
technique of chipping away will continue to prove that the sum of the parts
is greater than the whole unless something new changes the rules such as
taxes and margin requirements.
BR
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <markbrown@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>
Sent: Monday, November 15, 1999 5:14 AM
Subject: Re: FUTR_Getting Long!
> In a message dated 11/12/99 5:28:24 PM Eastern Standard Time,
> markbrown@xxxxxxxxxxxxx writes:
>
> << Hello RealTraders,
>
> I have stood aside holding the SP futures for any
> length of time in a position trade. Preferring to
> chip at it on a day trade basis. I only out
> performed buy hold in 97 when I was luck enough to
> have caught the crash and the following rally up.
>
> Now I'm older wisher and still chicken to get long
> and stay long. I can afford to do it now where in
> the past I was on a shoe string. So what's the
> vote do I let it all hang out and go for it?
>
> I figured I would and just write calls against it
> far enough out so I wouldn't get hit. Close my eyes
> and hang on till 2002.
>
> stupid - am I?
>
> .oİş°¨¨°şİ[ MARK BROWN ]İş°¨¨°şİo. >>
> hi
> my work suggests that the hi will be broken
> but NOT this week
> this week weekness
> (2-4%) should be used to enter a POSITION trade long
> new hi in 11/25-12/2
>
|