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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (4678)9/7/2000 2:19:56 PM
From: MulhollandDrive  Read Replies (1) of 13572
 
>>the problem is catching at the right time so I can sit on them through a sell off and not have a gain turn into a loss, I will never violate that rule.<<

That's why I think it's best to buy these stocks on weakness. It's difficult with stocks like NTAP & EXDS since they can easily correct as much as 25% off their high. But I have also found (with the exception of a couple of "lucky" buys) it is nearly impossible to find the "bottom". You will get whipsawed jumping in and out if you try to time your entry that perfectly. If the stock really IS LTB&H for you (meaning imo, the fundamentals keep improving for the co) you should be willing to give the stock some "leeway" as to it's corrective phase.
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