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Technology Stocks : ZENITH ELECTRONICS

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From: Chris Alexander5/8/1996 5:58:00 AM
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Richard Bains, thanks for the post. Where I will be? Back in! I figure that if the price dips to even 15 3/4 with is where it closed Friday, I can get back in on by selling at 17 1/4, I will have "picked up" around $600.00 more using this stategy. This is assuming that tommorrow will be down some for at least part of the day. I am going to put in a limited for the day buy at some price lower than 17 1/4 that gives me some money back on the slide and puts me back in play. If it don't go down any more than I miss the boat; I have been risking everthing for a gain anyway so I have to keep risking to pick up a win. My financial position is such that I am not willing to hang on to a position that is down one or two thousand; I just am not willing to lose that kind of money even temporarily. So far on my investments I have never lost a penny and that feel good to me. I have missed out on several big profit opportunities, but for me, never being down is worth it. I still feel there are lots more profits to be made. To the future! Chris
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