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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (40870)6/21/2002 6:30:31 AM
From: Joe Stocks  Read Replies (2) | Respond to of 53068
 
>>You and Joe criticized my trade on ORCL a few weeks ago.<<

Dan, I was not so much critical of the trade but more the reasons given. As I recall it was a buy and hold position with something said about it not being able to get much lower than this. I think I may have said something about not having a stop loss too. I believe at the time I said I could see trading it but it's long term prospects and market conditions did not appeal to me to make a long term commitment. Obviously you feel the same way as you did not keep it. With a cost basis $9 with adds, as you mentioned earlier, it is now below 9 again. Are you buyer here?

Good "trade".

Joe



To: DanZ who wrote (40870)6/21/2002 9:24:36 AM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 53068
 
Dan...well said. My sentiment exactly. I am pleased to see you post more regularly in recent days and your comments are appreciated and respected.



To: DanZ who wrote (40870)6/21/2002 10:35:02 AM
From: Kelvin Taylor  Read Replies (1) | Respond to of 53068
 
Dan,

I have made a net profit this year simply because I didn't make the same mistakes I did last year. I learn from what I do wrong. Not many trades in the Z port this year...why? Nothing worth trading, plain and simple. As for as belittling people here I have stated the truth. Too many stocks we bot at the wrong price with no stops in place. Perhaps I made that point all to many times.

This thread is based on info to help others. So from now on I will post information of value. Good luck with your trading and investing, Dan.

Thank you for you time,

Kelvin