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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (71440)	12/4/1999 4:29:00 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 132070

On the total account ... wow, that's impressive. Especially as you only allocate 10% of the winnings for compounding -- the rest goes back to the 90/ side, if I remember correctly. Michael, you mention having to do a lot of trading on Picturetel and Shiva ... you've also said that you don't mind 100% losses, as a few umpteen-baggers compensate quite nicely. Do you have any general rules on when you cut your losses, when you hang in even at the risk of striking out, and when you decide to accept kiss your sister level returns?