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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: AnnieO who wrote (53579)	7/29/1999 1:38:00 AM
From: SMALL FRY	Read Replies (2) \| Respond to of 120523

Bill and AnnieO, Of course one has to kick that habit of holding on to the losers and make better use of that money elsewhere... that habit continues to haunt a lot of investors and traders. Like most people... I used to hold a stock for almost 3 months way deep in the red zone and sell after a 2 dollar gain when the stock is making a run. Something is totally wrong with that picture!!! If one can only match day for day, the number of days they've held a stock when it's painting negative with the same number of days it's painting positive... they'll be way ahead. Here's another one: Holding and gutting it out when you're down 20 points per share but scared to hold above a 10 point gain per share on the same stock. <g> A losing strategy IMO... I cured myself from that by paper trading a moving stock(s) of roughly the same value as the one I'm holding deep in the red zone... employing the "what if" scenario... everyone should try it! My .02 and not a penny more... SF