Phil & Patrick's Picks Message Board

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Strategies & Market Trends : Phil & Patrick's Picks

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To: shamim a ansari who wrote (981)	1/12/1998 12:41:00 PM
From: Patrick Hebert	Read Replies (1) of 1020

shamim a ansari... thanks for the compliment BUT we have made some BIG mistakes too.... SCOP and WDC to name a few.... DELL I daytrade continually with close following stops... the money you loose in DELL today seems too easy to make back up tomorrow. I've been listening to the naysayers for 3 years and been laughing all the way to the bank. It goes UP faster than down in past 3 years. as you see now DELL is @ 85 so I guess I sold too quick @ 84 even though I picked up 4pts this a.m.... DELL could easily reach 87 on a day like this or slam back to 80. SOoooo... I stay cautious a chooose to hit & run and pick up the crumbs along the way. If market holds I'll buy 2K back at 82ish later today for pop tomorrow... if not... I won't be sad to buy back at 88 either... today MAY signal returned strength to Techs IF INTC can come out with good numbers.... we'll see DISASTER if they don't.... PAIR... I'm holding this puppy for awhile... earnings next (?) week and takeover possibilties make it very attractive at these prices... This is Phil's baby. STOPS... I place my stops relative to how rest of portfolio is doing... I think DELL could see low 70's again with more bad news from techs sooooo I'm following my stops on its heels very closely IMHO PAIR has seen its bottom or very close at 15 -16 range. glad to hear from you and I hope we can all make a few $$$$$$ keep in touch... best of luck always...patrick

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