Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (90639)	3/29/2000 4:50:00 PM
From: Jenna	Respond to of 120523

Guys remember BOBJ.. about 6 major double up to quintuple baggers in the last 18 months but that is no reason to hold BOBJ through a 16 point and more correction. I have time for BOBJ.. people are either looking for bargains, so BOBJ will be a bigger bargain. Why they hesitate selling a stock at a huge gain and hold through a 10-20% correction is hard to understand. EMC was at the top of an uptrend when I sold and so was FLEX. NT I should have sold together with EMC even though It too was at its 52 week high I didn't sell NT and wish I had. Its still best to sell at the 52 week high and rebuy 1 to 3 weeks later. The worst position to be in, is to start losing profits because you did not take them when they were there. Letting winners run.. sounds nice in theory but even winners tank suddenly and you are left holding the empty money bag. I would say rather: Let winners run to their 52 week highs or up to 25% above their basing level after a strong stock breaks out of a base. Take Profits and then wait. They will correct almost immediately and then you can do it all over again.