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Technology Stocks : CMGI What is the latest news on this stock?
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To: lee west who wrote (3101)12/20/1998 5:43:00 PM
From: Magnifique   of 19700
 
Thank,s Lee hope, it will be of help... I paid in stupid losses for my education,but it was worth it.. it made me much better trader/investor, money/manager etc.... most important lesson I learned, when I realized that "there are only to emotions in the market-HOPE and FEAR....... The problem is...You HOPE,when you should FEAR and you FEAR when you should HOPE...... When stock falls in price below your cost and you are loosing money you HOPE...it will come back up. But you really should be FEARING, that you might lose more and YOU should react by selling stock and cut the loss........When stock goes UP in price and you are making money, you Fear you might loose your profit.... So you sell too soon....But the fact that the stock is going up is actually a sign of STRENGTH...good luck, Magnifique
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