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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (57427)12/13/2001 4:16:16 PM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
I am limiting the upside to 54.60, but I would probably sell at that level.

I would emphasize the word "probably" because in my case I have sometimes found it difficult to take profits at previously defined target levels. Whether due to intrinsic greed or just an idea that I will allow Mr. Mo to take his course, I sometimes made the mistake of not selling until some threshold of pain had been reached much later. But if I sold a cc, it reinforced the trading discipline of the original plan and I cried all the way to the bank as my shares were called away.<g>

Sam