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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (3049)1/20/2000 7:32:00 PM
From: Tom Swift  Read Replies (1) | Respond to of 4792
 
Yes, of course.

In other words, keep your winners, dump your losers, and never risk more than 5% at a time buying a particular stock.

I am trying to cash out one of my accounts and it is composed of 57% of STOCK1, 37% of STOCK2, and 6% of STOCKS3-9 and some cash. My cost basis is well below zero. In fact, I have already pulled three times as much money out of this account than I have put in.

I am not concerned about the % imbalance in this account. I am just waiting for my targets to hit before I sell. However, I am concerned about such things in the account I am moving my assets to since that is where I am buying new issues.




To: LANCE B who wrote (3049)1/20/2000 8:57:00 PM
From: Norms  Read Replies (1) | Respond to of 4792
 
And let's remember that when you make some fantastic scores, pay down the debts, your car loan, credit cards or even a mortgage if you are that lucky. These golden times are here for the taking but don't get greedy and put something away for a rainy day.

You can trade much more freely when the debt monkey is off your back and I speak from experience. Trading these days for me is more fun and more profitable without the debts.

Remember all the Linux plays because they are all going to heat up for the Linux Show at the Javitz Center in NY on Feb 2.

Lets keep rockin..........!