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Technology Stocks : Computer Network Technology (CMNT)
CMNT 0.00010000.0%Dec 11 4:00 PM EST

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To: PAR who wrote (599)4/5/1999 11:32:00 PM
From: Peter Dierks  Read Replies (1) of 750
 
Actually, what I like to do is when it rises by about 40%, sell enough to cover my whole cost. I haven't done this lately because it seems a great way of guaranteeing yourself sub-par results. Lately I just whine about being to greedy and not being willing to sell.

The thing that is hard for me to shake is the long term investor mentality. I tend to buy and hold for years. There have been many times I could have made more money by trading a range.

Thnaks for the great advice.

Peter

PS - I own so little CMNT I find the prospect of loss un-intimidating.
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