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

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To: Mopack who wrote (34624)4/19/1999 7:20:00 AM
From: lee kramer  Read Replies (1) of 120523
 
LINDA & MOPAC: I sympathize with your SVRN and ATLB plight. I've been there too. The toughest thing to do is to sell a stock that's moved up nicely...it's your "friend", it makes you happy and it makes you money. It's hard to let go, and it becomes a psychological problem, not a market problem.. A strategy I've come to embrace (after a lotta years) is to hold half, trade half. I've been in NITE since 40, and every time it pops us a few points I sell some, hoping to buy it back lower; sometimes I can, sometimes I can't. If I can't, well, I've still got my half, protected by trailing stops. Buying at ATLB when it's very strong might suggest you use stops which may or may not help. The Market humbles EVERYONE at one time or another.
Do your best with these losing trades then try to forget 'em, move on and recoup elsewhere.
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