Compaq Message Board - Msg: 6567843

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Technology Stocks : Compaq

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To: Loki who wrote (37550)	11/25/1998 4:42:00 PM
From: rupert1	of 97611

Loki: I invest to maximise my return. I will trade whole positions if I feel confident about the movement of a stock. For example, I would move in and out of CA every ten days or so a couple of years back. (You may have noticed that CA was my contest pick and it has done 10% already and moved quite a bit on intraday trading. A nimble investor could have made 20% this week quite safely). I have done the same with CPQ in previous years. Lately, I have lost the knack. So I sit in it. Like John Koligman, I will only invest if a stock will "forgive" me any trading errors. My system would have worked with CPQ several times in the last few months if I had recognised resistant points and the overall market influences, but I didn't. As it is my CPQ holdings will double in a year, even if I don't fiddle with them. The largest position I have had in CPQ is 65,000 shares (peanuts compared to rudedog) and I have been in and out with that amount a few times. I do not have such a large holding now. I am hoping that when CPQ starts its surge I will recapture my knack of getting in and out every few points forward and back. They say that when the millenium comes, pigs will fly! Victor

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