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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Johnas who wrote (81447)12/21/1999 5:50:00 PM
From: Tim Luke  Respond to of 90042
 
any problems with the downloads..please go here instead of cluggig up this thread

Subject 32380



To: Johnas who wrote (81447)12/21/1999 7:05:00 PM
From: jas cooper  Read Replies (1) | Respond to of 90042
 
To be confident enough in your pick, to ride it down from 28 to 4+ and back up again is great.

Whoa! It was from 9 to 4 1/2. History teaches one a great deal.

When I buy a stock, I have particular reasons that I did. If it goes down, and my reasoning hasn't changed, I hang on to it. If something changes my reasoning, other than the price, I reevaluate.

I try to hang on to a stock for at least a year, if I can. No sense in giving the government more money than I have to.

I always seem to dispose of the runaway winners just before they run.

I used to do that too. Nothing wrong with taking profits. Now I'll only sell half of any of my shares in a stock. If it goes down, I can always buy them back at a lower price. If it goes up, I just have to keep my avarice in check and be happy with my remaining shares. Sold some ORCL, SUNW, COMS recently. Sure I wish I held them now, but what if the last month or so had turned out different. Then I'd be kicking myself for not selling. Sold HWP in June for 95 then watched it climb to 116. I was sorry until I bought them back in October for <75.

And of course who ever talks about their losers?



To: Johnas who wrote (81447)12/21/1999 7:27:00 PM
From: Captain Ed  Read Replies (2) | Respond to of 90042
 
Don't feel bad...I bought COMS at 25, rode it to 20, rode it to 29, rode it to 25, rode it to 34; sold it. Then it went to 50+ (now 45). Hey, if you sell the stock for more than you bought it, you've made money, and that is more than most people do in individual stocks. (I keep telling myself that!!) I won't bore you with all my picks, from a year ago, that I sold for a very nice profit, only to see them shoot to the moon...WCII, PR, NSCP, NSM, AMTD, ANAD, EGRP, or the ones that I said I should buy about 4 months ago, like COVD, MCOM, WPNE, RHAT!!!(damn, I thought 45 or so was too much the day it went public, even though I use their products every day and know how good they are.)

Anyway, I'm trying to learn to hang on a little better, today. I like CS!!

Thanks Tim, and good luck to all.

As for the encryption, I suspect there is a better way, such as a chat room with a password. But, they have definite disadvantages, too, and they require that someone provide the bandwidth. I would volunteer, but I am still stuck with various dial-up accounts. Once I can get broadband, maybe I can do something to contribute; but, it will be at least 3 months, and probably 6 to 12 months before I can get broadband.

If all we are doing is standard encryption, if there are too many problems, maybe the solution is to go to another "brand" of encryption, like PKP (Public Key Encryption). I once took a course sponsored by Martin Hellman, who invented public key encryption, and there are many good public key encryption programs available, today, that support virtually all platforms. (I am running Linux and Windows 2000 on my machines. The suggested platform seems to work, ok, under Windows 2000, but I won't know, for sure, until tomorrow.)

Good luck to all,
Ed

Ed