To: Jim Willie CB who wrote (11654 ) 11/5/2000 10:20:01 AM From: Percival 917 Read Replies (2) | Respond to of 65232 Morning Jim, Re...dont read any snotty attitude in this post Jim, I never read any snotty attitudes in your posts. Maybe a bit sexist, maybe a bit of attempted humor, some quite good T&A, er, I mean TA<g>, but I have never taken one of your posts as snotty. In regards to my mentioning not jumping out of QCOM when it had it's 156 point day, I should have been quite a bit more specific: (1) Q's 156 point day was after an incredible run up where there were several days of 30+ point moves already lumped together. I can remember one 7 to 10 day period, calling a friend of mine who was in Q and not able to watch the daily goings on, and telling him three or four times that sit down as Q jumped another 25-30 points (2) I wasn't watching PE's or PS's or any other P's except peeing in my shorts every time Q jumped up, but there had to be a time when I, and others, should have realized that it had gotten way over extended. To use your example of a dollar stock jumping to 10. But if that same stock in a relatively short time jumps to 18, 25, 40, 60, 90.... at what point does one say, let's don't be greedy and take this profit, or at least some of it. Remember that when Q had the 156 point day it was already after the first split (2 for 1) a few months earlier. I am sure that I, like others got caught up in the "greed" factor with major blinders on. I am holding RMBS now in the 50 to 60 range. If it runs to 400+, I will get out, if not all, at least 50%. I am quite sure any who did not do that the first RMBS run up, won't repeat that the second time. If we miss more to the upside, we will still be participating to some degree, and if it tanks, less of a loss. ED off the soapbox and outta here, Joel