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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (170822)	6/8/2003 1:25:58 PM
From: tejek	Read Replies (1) \| Respond to of 1583870

BTW, SI search engine sucks. I remembered you posting this tip earlier today, but I forgot about it in the midst of the partisan debates. So I searched for words I remembered from the post. I used common words like "falling", "curb", even "stock", and the latest result I got was from May 7. I know.....it sucks. Scumbria did something to enhance it but I don't have a clue as to what it was. By the way, I'm trying to find an exit from some idiotic buys on Friday. Forgot to think with my head and bought near the top. I averaged down later in the day, but I'll look for an exit point Monday or Tuesday. If things fall too quickly either of those days, I'll take my losses and run for the hills. This new bubble mentality is crazy ... Listen, my portfolio got killed on Friday.......a lot of profit taking. It was a bad employment day Friday where the markets are bumping up against resistance etc. I would not jump the gun too quickly. In the past three months, my port. has seen two other days like Friday. The first time I was like you......freaked. I put in tight stop losses only to have the stocks trip them and then move up higher. The second time I put in stop losses but not so tight. With this one, I plan to be a little more diligent because this rally has been going on for 3 months. I am looking at each stock and see how it closed on Friday. If it was near the low on high volume, then I will put my stop $.10-.15 below the low for the day. That is particularly true if the stock is a momo stock like SIRI with no earnings. If the stock did okay on Friday and ended up in the middle or high end of the day's range on normal volume, then I will put the stop 3-4% below the low for the day........that's still a little tight but I am worried that we are getting ready to correct. One thing to remember.......this rally could be marking the end of the bear, and if so, then we're going to have to learn to be less jumpy......not that we don't have reason to be. FWIW ted