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


To: swisstrader who wrote (56566)1/4/2000 5:39:00 PM
From: BarbaraT  Read Replies (4) | Respond to of 108040
 
Swiss ... everything is relative. I feel like such a loser when I read about the 2000% gains on this thread .. before reading all that, I was so proud to be up 45% for the year -- now I feel like I screwed up. So I understand your point and thank you for making it.



To: swisstrader who wrote (56566)1/4/2000 5:42:00 PM
From: Shoot1st  Read Replies (1) | Respond to of 108040
 
Swiss,
everybody knows that nobody ever fibs here. After all you could ask for a redacted copy of the days trades to be scanned and e-mailed to the thread for proof. nobody would take the chance of being found out a liar. Would they?

Shootietheoutcast



To: swisstrader who wrote (56566)1/4/2000 6:03:00 PM
From: JeanD  Respond to of 108040
 
I lost a bit because I bought back HSAC too high, but I averaged down when it dipped to 18 5/16, so I think I am almost even.

But if the market tanks again tomorrow things may not be looking so rosy. CNN market headline is already talking about the Fed and interest rates, which came a bit before I expected.

My other recent losing trades include PFSW and ACOM. For better or for worse I sold them both. Not a big loss, but a loss nonetheless. OPTO has saved my portfolio over the last week, and I am still up on the KNOT I bought yesterday. XPDR held up well. I'm just focusing on a few stocks, but keeping on eye on a pretty extensive watch list. A LOT of red, and I wouldn't be surprised if some of the toppy ones have further to go on the downside.

Overall my portfolio did ok under the selling pressure. I picked up some CNQR at 29. I was mad at myself for not pulling the trigger on it when it was under 25 about two weeks ago, and I watched it run right up into the high 30s. Times like these are good times to be buying stocks that you wish that you had bought at lower prices.

I've got 50% still in cash from my pre-Y2k precaution, so I will be ready to pick up some bargains if the market falls further. Trying to time the bottoms though is a tiring job ... so anyone who sees any REALLY great prices out there please point them out.

I'm sure Brandon and everyone else on this thread has had losing trades. I don't know if anyone else does this, but I sometimes double up on something that dips - then sell half when it gets to my original purchase price. Reduces my cost basis.

Jean

PS You could've made some short term money playing some of the bounces today.



To: swisstrader who wrote (56566)1/4/2000 6:12:00 PM
From: WhatsUpWithThat  Respond to of 108040
 
Totally, swiss. Had a down day myself today, though considering how bad the NASDAQ was, I'm surprised to find I've done much worse (hmmmm...is that trying too hard to find the silver lining?)

A number of people don't count a loss as a loss until they sell, while others feel the pain by tracking account balance (ie. realized and unrealized g/l) day by day, which may account for some of the differences.

WUWT



To: swisstrader who wrote (56566)1/5/2000 12:10:00 AM
From: Seeker  Respond to of 108040
 
I'm still holding ALAN if that helps.

Mike