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To: Dale Baker who wrote (14083)1/6/2000 10:47:00 AM
From: SteeliejimRead Replies (1) | Respond to of 118717
 
I forget who mentioned ELON. No time to check messages. Richard? So many contributors now w/ good info. Gapped up this AM on news. Settled back and now looking like another move. NSATF keeps holding in there in spite of rest of market. Sorry about incom. sentences. Gotta go.

Jim



To: Dale Baker who wrote (14083)1/6/2000 10:53:00 AM
From: SultanRead Replies (1) | Respond to of 118717
 
You are right about the crap shoot part..

I have not applied the 'keep your winners' consistently and have paid for it few times.. And I have kept some loosers long time where the dead money, a fair % of the portfolio, has messed up the returns..

Last year I changed my style of taking concentrated positions and turned out I would have been well served staying with what I had always done.. Missed too many of my own picks for various reasons.. Hence, you have to do what you feel comfortable and apply it consistently but I guess learn from your mistakes..

You have done very well in 3 years. Congratulations. My first 2 years, I lost 50% of what I put in.. But thank god, did not panic and recovered from there..