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To: freeus who wrote (20783)5/30/2000 12:01:00 PM
From: Ex-INTCfan  Read Replies (1) | Respond to of 35685
 
Freeus, all I'm saying is that the odds are against you if you sell after a stock has dropped 10%, because there are so many -10% moves in tech stocks. There are better strategies to lock in profits. Among them:
- Sell when the charts say the stock is overbought, even if it continues to go up,
- Write calls,
- Do an equity collar,
- Sell when the price target you have in mind has been reached.

INTCfan



To: freeus who wrote (20783)5/30/2000 12:03:00 PM
From: hroark2000  Read Replies (2) | Respond to of 35685
 
Freeus, I couldn't agree with you more. In hindsight I feel like a complete foolish idiot not taking some profits off the table when Q, JDSU and MCOM for me were near there highs. My greed got the better of me, hell I thought Q was on its way to 400. Your only a fool if you didn't learn something. Next time I will take profits, screw the tax consequences.