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

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To: ComradeBrehznev who wrote (33401)4/13/1999 7:55:00 PM
From: kendall harmon  Read Replies (2) of 120523
 
Comrade, if I had a few dollars for every day I did something like this, I would have a lot of money. It adds a lot to the thread when people are honest like you were--the important thing is to own your mistakes, analyze them and learn from them, and then move on.

Stocks that go up, go up more. It took me years to learn this simple principle which is often true, and forms the backbone of successful trading. One of these easiest mistakes to make is to exit winners too early.

Right now there are people who shorted NTBK today or who think it will be a great short since it is fundamentally overvalued. The chances are it will go still higher.

Even if you get stopped out, mental stops are a good discipline. You can always get back in later.
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