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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: FLACK who wrote (1870)	8/27/2000 11:34:33 AM
From: 3_putt	Read Replies (1) \| Respond to of 100058

Flack, my first "significant trade" ? Actually, it was a series of four trades back between Thanksgiving and Christmas (remember the good old days?). Those four trades took my trading account balance up 533%. The March-April "downturn" scorched my wings a bit, but not nearly as much as the April 15 soaking I took (Tax day). Lesson learned ? TAXES SUCK !!! 3Putt...singin' dem 1040 blues...out

To: FLACK who wrote (1870)	8/27/2000 1:28:09 PM
From: jms_54	Respond to of 100058

Flack- Will never forget my worst stock lost 95.6% of its value before I got rid of it before it became valueless I had bought 5000 shares @ $6.Most memorable and humbling decision this year was to NOT sell CMGI last Jan after it split.I had 6500 shares of it at that time. JMS

To: FLACK who wrote (1870)	8/28/2000 5:29:32 AM
From: Louis V. Lambrecht	Respond to of 100058

I remember my first trade, not very exciting. Bot a actively managed fund, some 28 years ago, in the inflation days. It kept rising 4-5% a month. Then I used the capital to start my one-person business. Should have used the capital as a collateral for a business loan, even a inflation rates. But I also sold CIEN in the high tens in Dec 98. And I also wen full invested on Mar 17, sooo certain that the triple witching day was the end of the correction. Keeping tight stop losses now, and never try to call a botom again.