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To: Boplicity who wrote (1581)5/11/2000 3:13:00 PM
From: T L Comiskey  Read Replies (1) | Respond to of 13572
 
Seeing double...Its the Dos XX's
.....Have a read.....Still a bull or two out there...
schaeffersresearch.com



To: Boplicity who wrote (1581)5/11/2000 10:15:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 13572
 
Greg, at some point, could you address this question,
RULES OF WHEN TO SELL A STOCK.
Do you set a certain sized gain and then take half of it, and then buy the stock back, averaging up, and pocketing the gain from the original entry point?
Do you sell everything when you see signs of a "bubble" as Chuzzlewit said he was thinking of doing?
Do you sell when the stock's story changes?
Do you sell when the stock has had an insane run up, like QCOM last Dec. and RMBS this spring?
What rules should you apply?
Ihad one saying to myself, "Watch the WOWs". Whenver I looked at a stock in my portfolio and said to myself, Wow! that has done incredibly well and the dollar of gains was substantial (given my limited assets) I immediately sold at least a third of it.
Then tried to replace those shares at a slightly lower price on a dip. If no dip, even replace tham at a slightly higher price.
I vowed never to let a gain like I once had In Dell in Feb 1999 slip thru my fingers again.
A corrolary to this issue of when to sell is WHEN NOT TO SELL. I have panicked once or twice when AOL plunged and lost 10 grand in a single trade because of fears of a margin call...
When you get a chance, if you have the time, please address the issue of WHEN TO SELL.
JHG