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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Lane Hall-Witt who wrote (44857)	6/17/1999 7:35:00 AM
From: mrc	Read Replies (2) \| Respond to of 120523

To Lane and Judy, Been there, done that.... Looking at my actions, or should I say, lack of actions, I am now stupefied with fear and self-doubt. I had huge profits that I allowed to dwindle away because I knew the market would reverse, a split announcement would cause a run up in price, the earnings report would do the same, etc. None of which occurred. But each morning, I would read messages on many sites that told me to hold on for several reasons. And each morning, I would print my stock charts that were screaming "sell" and I refused to admit that the party was over. You can't be more arrogant or stupid than that. Yesterday, I reread my first investment book, "How To Make Money In Stocks" by Wm. O'Neil. It's all in there...the common mistakes, the strategies, the necessary discipline to make money. If I don't learn from this experience, then I really should turn the computer off and put my money in mutuals. Arrogance, ego and the refusal to admit I made a mistake has certainly made me reevaluate my investment skills. Take care, mrc