Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (68011)	10/26/1999 11:27:00 AM
From: Gary Payton	Read Replies (1) of 120523

Lee - the dilemma you refer to is a completely disturbing one, but you have reached the proper conclusion. I had the same experience with LBRT. My tech know-it-all friend recommended it to me at about 20. I took my five points based on technical experience and ran. He is still holding all of his at 65 now. The difference - he knew the technology and potential. So it is disappointing in one regard (like the five points i took from 24 to 29 today on PVTL) to miss the ENTIRE run, but what we forget is that, as traders, we lessen the risk by not holding a position till it gets hot (or worse, never does). and, of course, trading is simply more fun for those of us with a large percentage of hot blood coursing through our systems.

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