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Strategies & Market Trends : The Rational Analyst
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To: HeyRainier who wrote (1678)9/12/1999 10:50:00 PM
From: Scott H. Davis  Read Replies (1) of 1720
 
Rainier, neither, but I'm preparing for the next time. I'd already taken profits on PTIX & ADIC when they doubled. After I posted the question before, I called my broker to talk about TTP warrents. He recommended against, but suggested I take some off there since I had more than doubled on TTP common & the stock was overbought. Unfortunately, that conversation took place several hours before your reply.

And consistant with your advice & the article, the stocks all came roaring back to new all time highs now well above where I took profit.

A lesson well learned, which is why I asked about the moving avg you or Dave would suggest. Next time I hit a big winner, I want to be able to handle it better. Scott
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