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Technology Stocks : SMSC Standard Microsystems

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To: Judy Cohen who wrote (193)7/28/1997 4:12:00 PM
From: Jim Goodman   of 335
 
please do not take this wrongly, because I care, but one must remove all emotions, and all emotional reactions to certain S.T. gyrations, etc., via my "PSYCLE sm"....I specialize in catching the first, easiest, potentially quickest rise, long, off depressed bases....and, SMSC must obviously catch it's breath now.... but-- as I recently said, I did take some quick, large call options gains last week, over 12+, so my remaining position much smaller from up there....after resting, it "can" still pop towards 14-15....but, the % gain from 12+ is less, than from 8+....but, yes, it should not pullback farther down than, say, 10+....

we also diversify properly, so that we do not ruminate too much (emotions again, right ?) on "one" issue's movements....plus, we are still quite profitable, so no stress....hope this helps,
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