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Politics : Formerly About Applied Materials
AMAT 230.17-1.4%Nov 7 3:59 PM EST

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To: Proud_Infidel who wrote (33846)1/18/2000 1:56:00 PM
From: Kirk ©  Read Replies (1) of 70976
 
buy low, sell never.

I practice that with one twist, sometimes I pull out a bit of profits just so I have dry powder to get some more when it cycles low again. Not much, but I did pull my original investment out of LRCX when it got to be a 10 bagger. That left much still on the table to grow and provide more opportunity to pull some more out.

AMAT is ALSO a 10 bagger for me and so now I am looking at taking just-a-bit off there too...pull 10% out...not a bad plan.

I think MANY are doing just this in the first month of the new year. We wanted to delay the taxes until this year on our big gainers. There was no rush to take the profits as I had high hopes for the bright future for the sector and it has paid off with even higher prices already.

Pretty soon, we may decide to put some of the profit taking money in somewhere and some may find its way to high technology. One never knows.

regards
Kirk out
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