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Non-Tech : Invest / LTD

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To: Thean who wrote (12644)3/28/2000 9:28:00 PM
From: shasta23  Read Replies (2) of 14427
 
HI THEAN and the other regulars!

Was wondering how you and the others deal with the general market's influence on your portfolio. Are you selling your stocks even though you like the stock when the market is getting ready to pull back or do you just ride out the ups and downs believing in the companies? I know that some of you have investing and trading positions...did you cut your trading positions when the NAZ was coming up to test the old high? I have to admit that i bot some stocks(merq,hlit, neon) today and could kick myself that i didn't wait longer since i felt that the market would pull back further.Don't ask me why i did that, i can't explain! Now i sit on 3-4 point losses(so not that dramatic) on all of them and not certain if i should ride this out. All of them closed weak like the market. And that market looks weak on the chart and could pull back some more...
So i'm just curious how you handle pull backs in stocks that are "good" and do you have a point when you cut your losses? The drop in SAWS was obviously not strong enough reason to sell for you!! Well, what is?
Any comments are appreciated!

Stefan
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