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Technology Stocks : Stock Swap

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To: Trader X who wrote (10941)1/28/1998 6:15:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
*AV* -- If you want to talk about lucky, go back to the post I made a few days ago relative to getting out of DIMD at a decent profit and having TDFX almost at the same price as I exited it. Unfortunately I did not take as big of a position back into TDFX when I sold off the DIMD but I caught this latest upswing. Truth of the matter is whether to sell tomorrow morning with a nice 17% profit (take profits when presented edict) or back your TA and go for the roses, a nice 34% profit when it hits $30.

At least I have tonight to think it over. One thing is going against holding onto it, market uncertainty. This aggressive guerilla warfare, taking profits at dictated levels, and taking rapid profits over 15% immediately, seems to be working real well for me in the short term. However, it did cost me 10% (15% vs 25%) on CFMT yesterday to today.

Like the Broncos, the key to winning is putting points on the board.

AV
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