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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: aniela who wrote (47962)5/1/2003 7:48:05 AM
From: Ron McKinnon  Read Replies (2) of 53068
 
wei

you seem to be focused on a single sector

one that has run 100-200%
fantastic gains for you

is there a point though where the so called "easy" money has been made and where the near term downside risk outweighs the possible upside?

if you still love the sector maybe have 10-25% of your total equity in it for the very long term but resist new buys until or if there is a serious pullback rather than dipping early

as an aside, looking at the charts I would actually consider shorting them with a stop just above the recent highs or boxing the longs with the same stops on the shorts
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