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Politics : Ask Michael Burke

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To: James R. Barrett who wrote (410)	8/9/1996 9:13:00 PM
From: Dave Lyall	of 132070

I am quite satisfied with my success but it is greed I guess,I feel really stupid sometimes when the stock goes higher like say 15-20% and I had only made 10%.But I still like it this way because it is sure money and according to my experience most of the time I see stocks coming back down after they have increased in price for 10-12%. I play with around 8-9 stocks at the same time.Depending on the price of the stock. I had played with 15 stocks at the same time once. I have allowed the limit order to sit for 2 months at one time.It is very rare though.Now a days it is really good.A few days ago when IBM was running up it only took 2 hours.So,to answer your question accurately the time you allow depends on how well you have chosen your stock. I stay in (right now) 4 industries.Semi,Entertainment(DISNEY,to be precise),Gold ,Bank. I think I answered everything you asked. Dave Lyall

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