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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (40652)	6/15/2002 6:13:51 PM
From: Kelvin Taylor	Read Replies (1) of 53068

Ron & Paul, Good commentary. I continue to come here every day for thoughts from people I respect. This is what makes this thread so good. Sharing ideas and opinions openly is the best approach. Sometimes the truth isn’t easy to take. Part of successful trading is saying, Hey, I made a mistake. I bot that stock too high and time to move on. Hopefully over the past year has taught that the only way to make money is to keep from loosing it all. Holding on to stocks months on end with huge losses doesn’t improve the bottom line especially then the news directly from the companies is earnings are lousy and won’t improve near term. Somehow we hope that news isn’t really true so we ignore the price declines and “hope” the market will go up. We have made a good start here. Let’s relook carefully at what we own and see were we go from here. Kelvin

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