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Strategies & Market Trends : Ask DrBob

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To: Louis V. Lambrecht who wrote (61557)6/13/2002 7:28:44 PM
From: gongoman  Read Replies (1) of 100058
 
Louis
I am concidering heading off for a short vacation . It's just been to stressful , not being able to get a handle on whats going on or coming at us. I make one big mistake, I take very large positions and go for the gusto. Lately I have been getting kicked for over 5-6 K a day , just a little to rich. I am looking at this sector and see some similarities to others that came off big time. I would keep an eye on the lows, cause they seem to keeping getting lower and that's the main reason I sold off my positions today . I hope you are right about this turning around soon for the sake of you and the others .My past history has been good, by going long and not holding loosers. I used to add to my winners and sell my loosers, trouble now is , they all seems like loosers LNOL. In closing, I think if this is a real bull market in this sector , would you not be better off adding when you can see a breakout , rather than risk more capital , with the possibilty of catching a falling knife?
mj
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