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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Paul A who wrote (1704)11/30/1998 9:27:00 AM
From: BarbaraT  Read Replies (1) of 90042
 
Paul ... I'm a smalltime player as well. Had 100 shares of MALL that I sold on Friday and made a profit of $3,000. For me, that's a nice amount of money. Don't have enough cash to play any bigger. Also have 100 shares of ONSL and OMKT and 200 of NAVR which I bought on Friday near 12.

These are only small positions, but I am playing 5 different internets (minus MALL which I sold). Never hurts to take a profit - better to kick myself for selling too soon rather than wanting to jump for not selling at a profit. These things can take as big a hit as they did on the move up. And the truth is that I was a little late to the party. Those who got in later have a greater chance of giving back their profits.

So - don't be afraid to take a profit on some of the positions. I have a feeling that these will all take hits - and then they will rebound for another run. That will be another opp. to buy.
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