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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (2153)11/26/1999 1:19:00 PM
From: Neenny  Respond to of 9427
 
MS. X,

can you PM me a link to when it starts.....so I will know???

Thanks

Jane



To: Ms. X who wrote (2153)11/26/1999 9:10:00 PM
From: Richard Ruscio  Read Replies (1) | Respond to of 9427
 
My Dear Ms. X,

I'm looking for ways to approach the problem of "now that I've bought something good, how to I decide how to hang on or let go".

My 401K has a number of excellent, OK, and really lousy, choices of investment vehicles. The ones I seek advise about are:

PBHGX,POEGX,PRSCX

Simply put, they're up 15%-21% this month (which is how long I've held them this time), and their charts are WAY up over the "top". I have a few choices:

1) Take the money and run. Another dip will come, and buy them back after that.
2) Wait till I get the FIRST hint something's up (anything other than RS Buy/X's, Trend +, P&F sig Buy, Mom +), and sell half.
3) Wait till I get the FIRST and SECOND hint and sell half.
4) LTB&H - hold it forever.

My emotional approach is to take 1 and / or 2. A more P&F approach is to take 2 and / or 3. A less enlightened approach is 4.

Comments welcome. And, TIA.

rr