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To: john dodson who wrote (4643)7/5/2000 7:11:13 PM
From: TGPTNDR  Read Replies (1) | Respond to of 5232
 
John,Re: <Bounce?> I wouldn't be surprised, but I bought, today, not for the bounce but for the long term.(First time into CA, but have been looking at it since '95 & started using CA software back in ~86.

tgptndr



To: john dodson who wrote (4643)7/5/2000 7:28:08 PM
From: Yogizuna  Respond to of 5232
 
Yes, but we always have to keep in mind that it could turn out to be the proverbial dreaded "dead cat bounce", and turn one's money into "dead money" for awhile..... Having said that, I do admit to having a bad habit of picking up good stocks after they are beaten down. Picked up T the other day and GT today for example. What usually happens is, if I do not see the stock recover fairly soon, I will write calls against my long position to gain some income while I'm waiting for the stock to recover. Of course if the stock rockets up after I write the calls, my potential profit is then limited..... Yogi