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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Denice who wrote (7302)	11/6/2000 4:13:24 PM
From: Bruce A. Thompson	Respond to of 30051

Denice, You sound just like me three years ago. I have found that if you treat stocks just like inventory and don't fall in love with any particular one, you will do better. If you want to play the MOMO game, you have to be able to dump a stock the second you see something about it you don't like or the second you see a profit you can live with. The former cuts your losses and the latter is your profit. Lots of small profits add up. If you get into the habit of taking small profits when you make them, sooner or later, you will develop the habit of making profits. Then your losses will begin to get smaller and smaller. Being cold blooded isn't a requirement but it helps. <G> BT