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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: kumar who wrote (29716)	8/9/2000 11:54:45 PM
From: adairm	Respond to of 54805

How very true, Kumar. A couple of years ago, I held stock in FLEX, Flextronics, a contract electronics manufacturer. The stock had done great, and I had a double. (Or maybe more.) I was watching the ticker, and out of the blue, on no news, it dropped 8 points or so. This on a $60 stock. Well, I paniced and sold. I didn't want to have happen to me what MANU (Manugistics) did. After a day or so, it settled down, and resumed it's old course. Well, I didn't trust it, so I didn't buy it back. It's at least tripled since then. If I hadn't been watching the ticker, I wouldn't have seen the drop, and wouldn't have sold. (I really feel like there was some degree of manipulation going on. Somebody wanted to buy the stock cheap, sold enough to make the price drop, got us dummies to give away stock, then they bought more!) I'm wiser now. Adairm

To: kumar who wrote (29716)	8/10/2000 5:21:01 PM
From: ratan lal	Respond to of 54805

OT : <<I have found that watching the price action frequently sorely tempts you to "don't just sit there, do something.">> I can verify that absolutely. 3 years back my family and a friend's family went to Hawaii for a week. We both had 7000 shares (pre split) each of EMC at 40. During our trip EMC was going to announce their earnings which was going to be good. That day we spent all day on the telelphone (no PC in the hotel) checkg earnings announcement. When it cam EMC shot up 7 points. We both sold. Guess what those 7000 (pre-split chares would be worth today??? Thereafter I traded EMC on and off but stopped when it 'seemed' like EMC had gone TOO HIGH at around 70 (pre split)!!! Now I know you are thinking this guy must have certainly learnt his lesson. Guess again <vbg> These online accounts and real time quotes and trades make it difficult not to reach out to that mouse and click SELLLLL !!!