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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (7504)6/15/1999 6:31:00 AM
From: Aegis_61Read Replies (1) of 118717
 
Dale,

"The lesson to remember now is the next time we have a good run and everyone is feeling fat, time to take some 100% profits and step aside. "

A lesson that I know well, but always seem to forget to apply. Do me a favor, remind me next time <g>. I took about a 3 - 3 1/2% beating yesterday which I was kinda disappointed with but it could have been worse.

I was thinking about adding to my AOL position here. What is your opinion on the best way to do that? More stock or maybe options? I have limited experience with options but on stocks like AOL, CMGI, ATHM (all of which I like at these prices) that have high costs, perhaps options would be the most cost effective way to hold them.

Thanks,
Aegis
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