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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (65198)10/7/1999 9:52:00 PM
From: Susan G  Read Replies (2) of 120523
 
Good post Lee. My usual trades have moved from 25-50 shares when I started last year to 100 to 200 shares now. Although on real expensive stocks I usually just buy 50 at a time. The only stock I own more of is go2net. Those 200 share lots are even killers if it takes a dive - I can't imagine having 1000 shares if a stock starts dropping fast - the slowness of your broker site alone could lose you thousands within seconds. yikes. Tight Stops are much more important on larger blocks.
I also started holding bits of good trades - even if it's only 25 or 50 shares, it eliminates the kick yourself problem. And it also makes it easier to jump back in when a stock is moving up again, since it "averages down" your buy price, and you don't feel like it's running away. I did this with AIRO, and am extremely happy to now let my remaining 100 shares just sit there. Bought 200 at 14 something, sold 100 at 20ish weeks ago and am holding the rest with little concern as to the daily ups and downs. and today the remaining shares hit a double! Boy would I have been kicking myself for that one if I sold it all.
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