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Strategies & Market Trends : The Market Taught Me That......

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To: Richard Estes who wrote (25)	11/5/1997 11:40:00 PM
From: freeus	Read Replies (3) of 151

I bought SMOD at 20, hoping for 30. I sold at 30 a few months later, for a 50% profit. Great. Except that it went to 40,50,60,70 within the same year!!!! Now I have Freide Goldmann. I bought it at 60 & 78 its now post split 45 (90 pre). What do I do? My target price was 50, and I know it will be there soon.But look what happened with SMOD!!! I have losers sometimes. So when I have winners I want them to run on and on if they so choose. How does one decide when to sell????? Unlike some, I have no trouble selling a loser. I just sell. But selling a winner???? Freeus

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