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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (16474)1/11/2001 3:01:59 PM
From: DiB  Read Replies (1) | Respond to of 24042
 
How about stop market order on some of the stock 25-30 percent above the price you bought?



To: SJS who wrote (16474)1/11/2001 3:02:27 PM
From: pat mudge  Respond to of 24042
 
What does a investor do with a 50% gain in 2 days? Same thing for some of the investment?, Nothing? or ...Sell it all?

Always a tough question. Looking back on my history with SDLI, I wish I'd not taken profits along the way. I paid a lot in taxes that I wouldn't have had to if I'd held. But it's not an easy decision and I certainly don't have any answers.

Pat



To: SJS who wrote (16474)1/11/2001 11:56:41 PM
From: Baton  Respond to of 24042
 
SJS:<<What does a investor do with a 50% gain in 2 days?>>
I like to trade and I like to hold LT. When I buy a new position, I buy 2 parts, one to trade and one to hold. It works great in volatile or bull markets. Usually when I am in doubt of whether to sell or hold, I sell half. Often I can buy that half back again cheaper. This year, I hope to see a market that you don't have to trade so frequently just to stay even.
Baton


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