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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Captain Jack who wrote (25697)12/19/1998 11:49:00 AM
From: Larry Brew  Read Replies (2) of 31646
 
Captain Jack, << A lesson learned on trading >>
I'm sure this dialog will not enhance your investment skills on
trading, as you've developed savvy with time, but may help someone
at the beginning of the learning curve like me.
I played ATHM roughly a year or so ago quite successfully between
the low and upper 20's. My error was in buying and selling 100% of
my holdings. Made a sell about 28 and waited for the next dip. News
hit the wire and over 30 it went. No problem, the news will pass
and I'll pick it back up probably no lower than the mid 20's. Dream
on Larry Brew. I've now learned to maintain a long position while
trading short ones, especially in a stock I believed in as I did with ATHM. I quit checking it value. It's like sticking myself with a pin over and over to see what it feels like. <gg> FWIW.
Larry
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