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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: nolimitz who wrote (23497)11/4/1999 5:07:00 PM
From: gizmo&jack  Read Replies (1) | Respond to of 108040
 
I hope you were not referring to me. I have no complaints at all with Kimberly or anyone on this thread. I could not even get into SI this morning to see what people were saying. And Kimberly did not wait a day too late because the market opened fine. Personally, I planned to sell on the open and am angry at myself that I didn't. The strong open made me a little greedy and I should know better. I had a feeling the market would turn today and I sold everything once it did. I just thought it would happen in the afternoon which cost me some profits. Always look to sell the day before a huge economic release, especially if you are in stocks that have run. Too many people are going to lock in profits and not play roulette in the morning.



To: nolimitz who wrote (23497)11/4/1999 5:35:00 PM
From: Bald Man from Mars  Read Replies (4) | Respond to of 108040
 
I think there are 3 elements (or at least 3) to a good trade
stock selection, entry point and exit point

I think Kimmie has done a fabulous job in advising us with the first 2 items, she let us in the stocks that are ready to move and usually let us know before or shortly after the stock starts to move, and for that, I would like to thank Kimmie ...

Now, each and every individual has to decide after he/she gets into a stock, where the exit point is, Kimmie might be able to tell you what her target is, and she even post when she exits a position ...
the ultimate responsibility lies with the individual making the decision of when to sell ...

Today also brings us back to the reality that not every stocks go straight up everyday, there will be days when we will suffer from falling stock prices ... the market has a way to humble you ...