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Technology Stocks : America On-Line (AOL)

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To: Pruguy who wrote (4479)	2/6/1999 12:26:00 PM
From: Cosmo Daisey	Read Replies (2) of 41369

Pru, To the contrary there are those of us who think the market is very simple. Here is a test: 14........15.........16 If you can read these numbers you are 1/2 way there. Which number is highest? Which number is lowest? Which number is in between? Good, you got them all right, you can be a successful investor if you keep it this simple. If you buy a stock at 14 and it's now 16 you know you have a winner. If you pay 16 and it's now 14 you have a loser, right? Sell the losers quickly, never ever add to a loser, and add to the winners and let them run. Sell the winner when it is a loser from the highest price that you have held it, not your position price. Why make it more complicated than this? Listen to what the market is telling you instead of what the analysis paralysis is telling you. I follow these rules successfully and others follow them too. Listen to what the market is telling you instead of what your ego is telling you. I positioned DELL on Friday @$98 and will add to the position if it moves higher, if it doesn't I will sell it. You may recall I sold it at $108 and change. You do the math. cdaisey@the-market-is-simple.com

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