ATPX: Lunn Industries and Technical Products Group merge. Message Board

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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: Steve Rison who wrote (938)	11/15/1997 7:17:00 PM
From: ENOTS	Read Replies (2) of 1923

O'Neil's statements are so right and so easy to say! Hindsight is 100% and the statements defy any plausable arguement!BUT and is there not always a BUT! I find many stocks that fake you out! and a rapid departure in many will cause you capitol loss, just as sure as staying in one and losing more of your investment. If you pick wrong and cut your losses after a certain % is a speculators credo, takes away the LONG TERM commitment to a company, and I have held many that if I had bailed after a certain % down trend I would have given up some impressive gains! Depends on the person and their circumstances! I agree if you are a scalper, or day trader your exit plan needs to be executed as stated. BUT, if you do your DD and get a good solid investment going, I disagree you should cut and run at the first dip! Trying to read a book and beat the street at the same time to me is folly! Stocks go up and down, its simple and you can quote ENOTS, Just buy a stock that is going up! and if it is not going up, don't buy it..... Think I should write a book? Well probably not, maybe just start a business news paper.

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