SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Justa Werkenstiff who wrote (13036)4/6/2000 11:00:00 AM
From: Kirk ©  Read Replies (1) of 15132
 
Internet time, baby! FAST! 8)

I think it just shows all the more reason to know what you own and why. "Stop Losses" now means "Stop profits" as you can easily get stopped out of good stocks like LRCX on these big days if you use stops. Happens too fast I think even if you are trading on Level2 to trade it. Sometimes orders just don't fill while the worst is happening. LRCX hit $35-$33 on 4/4 and today, on 4/6 it has hit $50!

I DO think you can use the volatility to make timely buys on the big dips, but nothing beats owning quality and sticking with it and paying LT Cap Gains as you take profits out to buy new windsurfing sails! 8)

Nice timing, BTW. You seemed to ride the NASDAQ pretty well, got out then back in near a good low. AND documented here! I'd love to see your year-end total return (but not your tax bill!) 8)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News