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Technology Stocks : Williams Communications Group - WCG
WCG 349.92+1.4%Jan 23 4:00 PM EST

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To: Michael W. Brom who wrote (329)1/26/2000 11:32:00 AM
From: samoyed  Read Replies (2) of 609
 
Misery loves company, I have to admit I am your company, as I sold « my shares yesterday and almost sold all. I have been trying to change my trading style and not sell all my shares of winning stocks when taking profits, ie.keep winners sell losers is nothing new, but a hard rule to follow when taking profits. I also sold « my Q and definitely feel that was a good move near term, as I hope to get back in at a lower price. I believe that if the market corrects sometime in the near future, we will see your 36 again and maybe lower. However, I do not feel that the price would remain low very long after the shock wears off, as money will move quickly into this sector. Keep in mind, margin debt is at an all time high now and there will be selling in all stocks if a correction happens.
Still long WCG and waiting with cash.
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