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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.65-0.2%11:22 AM EST
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To: jmanvegas who wrote (20772)5/25/1999 6:56:00 PM
From: Don Green  Read Replies (1) of 93625
 
Jim
That is not true, I have learned from 30 plus years in this market that the market NEVER goes in one direction for too long, usually pulls back and often retraces many of the gains. So I prefer to take the profits when they are presented to me, usually 5 points at a time. Because in most cases I will get another change to jump back in often at a lower price. It also depends on the stock. Rambus has proven itself MANY times to my profit... that it will ride up quickly then settle back. Until recently, I was only waiting for the trend to change, which think it has.

Stocks like Apple which I have owned for few years on and off..have been very profitable but then again it has a one digit P/E most of the time.

Don
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