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Strategies & Market Trends : 50% Gains Investing

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To: JSB who wrote (11545)11/1/1999 8:02:00 PM
From: Richard TsangRead Replies (2) of 118717
 
It is the best day this year for me, thanks to the recovery of MSGI....although I could have been better had I gone in to cancel the limit sell order of 1K shares at 14 3/8, half the quantity at average cost of this stock in my pot.

JNIC is up 300% from IPO - decision to hold so as to improve my post-IPO activity with DLJdirect has also paid off. Although the momentum is still very strong I will sell half in the opening tomorrow to lock in in some profit in addition to recovering the cost.

OTOH, my MAKR gave back more than half the Friday gain, tho offset by good movements in MGIC.

Rich
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