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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (95041)2/24/2000 8:14:00 PM
From: Epinephrine  Respond to of 1574480
 
RE: <...You *HAVE* to have some dry powder. This stock, and *ANY* stock, and the whole market can see a 20% -- or more -- one day downdraft. You *HAVE* to be able to pick your entrance and exit points. If you have them dictated to you, over the long term you will lose money(IMHO).>

TGPTNDR,

I couldn't agree more. It's been a long hard lesson, greed can sure make a person lose rational objectivity. I think it was KapKan4u that made a chipmunk analogy, maybe I will repost it. I laughed so hard I almost busted a gut and I still have it here printed out. I can't tell you how many times I missed great entry points because of already being "chipmunked" (tm KapKan4u) in AMD. And when you are in like that you don't just miss the entry points you lose money all the way down to them. Margin has been good to me in the long run but like I said in a previous post, I think it might be time for me to be a little more conservative.

Thanks,

Epinephrine