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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (30716)4/1/1999 5:00:00 PM
From: Tom DuBois  Read Replies (1) of 120523
 
BYND...every day is a new lesson learned. First in two weeks ago at 27. Watched it go to 23 (lesson: cut your losses). Today it got back to a profit so I put in a protective stop at 27 1/2 (lesson: if you use tight stops be prepared to get stopped out - I did). Gapped to 29 after stopping me out...bought again at 29 1/4, telling myself all along this is foolish...don't chase it just cuz you got taken out too early.(lesson: trust you senses if all the fundies are still in place and momentum is on your side). Bottom line to today's lessons is that I'm holding a nice profit. I've learned a ton from this thread....thank you one and all. The most lasting lessons are those where YOUR real money is on the line!! Have a great holiday weekend!!!

Tom
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