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

To: xtahce who wrote (18337)	12/21/2000 7:33:33 PM
From: kleht	Respond to of 100058

Xtahce: Not a bad way of handling your long-term purchases. It's always best not to chase stocks after they have taken off. Stocks really can come to those with sufficient patience. Buy low, sell high they say. Hard to do emotionally, you know. There is one thing I might add though. I have missed so many opportunities over the years because I waited for my predetermined price before buying. If you really think you might be too stubborn I have a suggestion. It's not really original but it might help. I have better results when I'm willing to buy slowly as well as sell slowly. In other words if the price gets down somewhere close to the desired price why not buy SOME at that price and wait for the price to drop further. You then could buy more at the lower price. Of course, there is nothing to say that it won't just keep going on down further. But at least if it takes off on you, you would have a part of the action. And if it then kept going up there are other pigeons in the ocean (or wherever) I'm sure you have your eyes on.