Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (48096)	12/15/2000 10:48:04 AM
From: marginmike	Read Replies (2) \| Respond to of 436258

NEVER MAKE TRADING DECISIONS BASED ON TAXES. It is a recipe for disaster. It cost me about 4 Million in Jan when I rode Qcom a day or two to long!

To: chic_hearne who wrote (48096)	12/15/2000 12:01:01 PM
From: UnBelievable	Respond to of 436258

I Tend To Sell My Poots At Price Targets Regardless of Future Expectations Depending on the size of my position I'll sell 1/3 to 1/2 when they have doubled. Then I will sell the next third when it doubles again, and the last third when it doubles again. Of course I adjust the targets based on the actual price appreciation and expiration dates. My general experience is that at least until now it is unusual for a stock which has dropped not to be pumped up again. While I may not be able to restock at my original price I almost always can for much less than I sold my position for. Sometimes I will hold out on selling the last fraction in hope of a special gain. For example I have sold almost all of my January AMZN at prices higher than what it is trading at now but I have kept 5 contracts because I want to sell them for more than the stock price, <gg> If you learned anything these year you should make more next and Shrub Tax Trim or not your going to be paying more taxes.