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Technology Stocks : Actel [ACTL]
ACTL 0.00Nov 13 4:00 PM EST

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To: damniseedemons who wrote (118)3/6/1996 3:14:00 AM
From:    of 674
 
I bought Act Networks around Christmas and it is doing very well lately. So you're into options now. I did a bit of options trading last year and enjoyed it, but found I had little time for anything else. Had a couple big wins, but one giant loss wiped out all gains. I didn't stick with my rule that if it drops 20% below the price I paid, sell. Had the stop loss in and pulled it when it looked like it would drop through. It dropped and dropped and dropped. I closed out with a 75% loss. (about $12K)!!!
An expensive lesson for a poor college student. <G>

TJA
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