Lance B's : Its A Beautiful Thing Message Board

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Technology Stocks : Lance B's : Its A Beautiful Thing

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To: LANCE B who wrote (3049)	1/20/2000 7:32:00 PM
From: Tom Swift	Read Replies (1) of 4792

Yes, of course. In other words, keep your winners, dump your losers, and never risk more than 5% at a time buying a particular stock. I am trying to cash out one of my accounts and it is composed of 57% of STOCK1, 37% of STOCK2, and 6% of STOCKS3-9 and some cash. My cost basis is well below zero. In fact, I have already pulled three times as much money out of this account than I have put in. I am not concerned about the % imbalance in this account. I am just waiting for my targets to hit before I sell. However, I am concerned about such things in the account I am moving my assets to since that is where I am buying new issues.

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