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Strategies & Market Trends : Befriend the Trend Trading
SPY 671.910.0%4:00 PM EST

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To: go4it who wrote (3843)5/15/1999 5:15:00 PM
From: Mike Learner  Read Replies (1) of 39683
 
Charles, Re ORCL, do not feel bad! I did the same thing; I exited on Thur @ 23 (Bought at 24 15/16)! It may trade within a very tight range for awhile, however, I do not wish to get up one morning to see it is trading around $ 16!

I experienced the same situation with IFMX few years ago and I learned to exit at the sign of danger (IFMX opened at $10 from $20 + close)while I had big position and the analysts had strong buy on the stock and it was listed on the Standard & Poor Five Star Stocks!!!).

Reagrds,

Mike
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