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Non-Tech : The Critical Investing Workshop

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To: im a survivor who wrote (26182)7/21/2000 9:13:43 AM
From: Clappy  Read Replies (2) of 35685
 
Opinions ??? I hate to sell now, but am sick of watching dead or declining money in my portfolio while the naz
screams higher.


Sometimes I drop stocks and immediately force myself forget about them.

Take that money and put it into a stock you had a lot of luck with in the past.
Or put it into a stock whose story you love but hasn't quite caught on yet.
Or hold this cash until the market dips again.

Eventually the Naz will test that low mark it set back in May. There is also a big gap there that may get covered.
In my opinion that is where that money is best suited.

Buying on a test of the lows will allow you to regain most of what you lost.

The problem that I have is that the spare cash often burns a hole in my pocket...

-Clappy

P.S. I noticed a stock with the ticker IRF. I believe I saw a mention of it on Greg's thread. Look at it's chart. It's been running a diagonal little less than 45% for the past year.

It sailed somewhat safely throughout the March nose dive. (At least when compared to most of my stocks...)

I got my eyes on it.
I may buy when it drops to it's lower trend line.
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