Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (36150)	7/17/2003 4:40:54 PM
From: pezz	Read Replies (1) of 74559

Today's report........Bad enough that 6 outa 7 of my stocks tanked today but PURW ( my largest holding of course ) comes out with earnings late in the day. I'm on the phone. I see the stock tank and hang up and start dumping 5K @ mkt atta time.But by the time I'm done average selling price 2.2645 down 2.0355 on the day. Strangely enough I paid 2.26 but of course that profit wuz mine ( or so I thought )... Total debacle today wuz in excess of 15% of NAV....I have a headache... <<My LUM allocation is now my largest single equity position, at 2.81% of gross asset (15.37% of total equity allocation), >> Beware...the unexpected.

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