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Technology Stocks : Verified Perscriptions System ETCR

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To: dkgross who wrote (308)7/8/2002 3:55:58 AM
From: DaiTN   of 397
 
LOL, I did not write the MSFT article DK. I could barely copy and paste it, let alone write an article like that. :)

I just happen to agree with the author and think the market still can fall further from here. I was away for a four days camping trip and missed the run up on Friday. If market makes a gap up tomorrow, I will take profit and lighten (20%-25%) my long positions, even strong companies such as KOPN, SANM, RATL. I love these 3 companies, but I think I will have a chance to buy them back near the price they were on July 2, all three companies shoot up double digits last 2 trading days (everything else did also....lol) and it will be crazy not to take profit.

I did not make much money after the 9/11 because I was too pessimistic and cautious, 600 points up from 1400 to 2000 and I made only chump changes. I am determine not to let it happen again this time (I think 25% of portfolio investing long into solid companies is a wise idea if you have 3 years or more to sit on them). Combine the 25% longs with a few shorts of stock that run up too fast like DRIV, you can hedge as well as making money jumping in and out. Let me know your opinion.

Cheers,
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