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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 253.73+1.6%Jan 22 3:59 PM EST

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To: rupert1 who wrote (147212)1/10/2005 11:06:26 PM
From: I_BankerRead Replies (1) of 275872
 
Rupert, I think if you look you will see many long time investors, myself included, bailed out of AMD in the not so distant past. I think Mani called it best at $24.85, or was that Pravin?

I have found the hardest thing to do is to separate your emotions from your investment decision -- particularly if you have done all the research yourself and come to some sort of conclusion as to the future of a particular company. You are in a sense wedded to the stock. The only way I know of to protect yourself is to use stops that effectively take the decision out of your hands and then maintain the discipline to not cancel them. It's a hard thing, because greed usually wins out over fear. But after the disastrous hit my portfolio took in the post bubble crash, I vowed it would never happen again.
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