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To: piscatologist who wrote (15244)	4/19/2000 11:20:00 PM
From: she_x	Read Replies (1) \| Respond to of 35685

piscatologist, sorry i was distracted earlier and didn't get a chance to respond to your question. when i say skim the cream off my stocks, i mean to sell some after you realize a good profit. like if i bought MSFT and they doubled i'd take my principal out and leave the rest to grow, split, etc. then every once in a while i go in and skim a little more out to buy other stocks i've been watching and wait for a downturn to buy. then it's like you're playing with free money and diversifying. i don't like to have more than 15% in any one stock. i like my portfolio to be a little more balanced than that. also you can't be afraid to cut some of the laggards loose especially if they are momentum "stock of the day" type stocks, but sometimes it is warranted to hold through a rough time with a stock. always hang on to your gorilla and kings though. hope that helps explain. she