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To: Big Dog who wrote (67256)	5/28/2000 1:14:00 PM
From: chowder	Respond to of 95453

Big Dog! As one of your faithful subscribers, planning your trade in advance and following through on that plan was one of the most valuable lessons I learned from your very much missed ODB newsletter. As a result, when I purchase a stock I know in advance my buy and sell points. I'll share my sell point here as it may help others. I determine in advance at what point a short term trade would turn into a long term trade, in the hopes of recuperating losses. I sell before the stock hits that long term point. By determining the sell point prior to purchasing the stock, it helps to eliminate "emotion" from my game plan. When we allow emotion into the equation, it significantly raises the chances of making bad decisions. Although emotion may lift a football player's game to a higher level, it more often than not, destroys an investor's game plan. DEAD MONEY = DEAD INVESTOR. You can't truly succeed in anything without having some failures. It's OK to sell for a loss as long as you keep your losses to a manageable level. If I may borrow a slogan from Slider and Conoco; THINK BIG, MOVE FAST! dabum