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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (11084)	12/30/1999 2:41:00 PM
From: HG	Respond to of 63513

Don't know whether there is still room to move. I'm not a Piffer <ggg>. I'm going to read about it over the weekend and then depending on the market direction, decide.... I paid 25ish. Toyed with buying 1000, thought of 500, finally bought 200 - thinking I'll stagger it too 1000 in lots of 200. When it went up that much, I was too scared to buy more.....

To: Carolyn who wrote (11084)	12/30/1999 2:55:00 PM
From: HG	Read Replies (1) \| Respond to of 63513

You know, the way I play these scary speculative plays - I buy twice the number of shares I want to hold, staggered on a dip. Then trade half of them intraday for a few points and set a stop loss wayyyy down with something I'm comfortable with, on the other half. That way, if it tanks, my gains thru trading =or hopefully > losses from holding the stock....... Markets kinda trending down, so you might wait till next millinium ? Or jump in with a 50 or 100...whatever you are comfortable losing... I use the above strategy playing with pricy stocks like QCOM...