Kevin: My instinct is to sell short, but I'm always wrong and out of bucks.
My recent stock investments have been limited to "bottom dealing" Motorola at 53 etc. I use charts, news, inside info, whatever to make a trade. Then after the trade is made at the absolute low, my stocks go lower. Pretty soon they will be in the negative. How many Compaq do you want at -10 or Adaptec at -22?.<VBG>
I got burned by holding NExtel Oct to Dec. of 97, no more. This company is great, the future is bright, the world is theirs. However no matter what we say, this stock is speculative and subject to dramatic changes down. For example the day it lost 1.5 the last 3 minutes of trading.
Good luck on your investments, I need companies with more current histories and that know the route back to their highs.
Regards from
Al G., looking forward to getting high soon. |