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To: Sig who wrote (11204)9/1/2003 9:46:44 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<I call this investing game Frogger now, a person has to jump from one moving log to another to make progress Stay too long on one log and it sinks
>>

I must disagree. My best % gainers are those I bought low and have held. I sold PARTIAL postions to lock in very nice profits, but kept plenty of shares as well. I am looking at most all my stocks, and I do not think my gains could have been better had I tried timing things and going in and out, in and out. So far, it has been best to just hold, and start taking profits when a stock see's 100-500% gains. With gains like that, I can sell some, and keep some of almost every stock.

look at jcom, or fdry or almsot any stock I have. Had I been playing the trading game, I would not have seen gains like I have, by buying at or near the lows and holding and being patient. Now, if the market tanks bigtime, I could see big losses on paper, but most of the stocks I have, have seen very nice gains, enabling me to sell some, lock in profit and keep the rest on the table. My biggest problem is going to be if we start down, do I sell quickly and try not to lose alot, or do I hold and continue to be patient. But overall, I have done best by mainly buying quality when it is down, and holding for nice gains, and then selling partial positions. This market is too tricky for me to attempt to time trades and expect to do better then just holding and waiting for gains to come. But, glad trading is working for you.