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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (11421)9/3/2003 11:29:12 PM
From: Cary Salsberg  Read Replies (2) | Respond to of 95622
 
RE: "What's wrong with scale up selling?"

Scale down buying only "worked well" because prices fell below the bottom of my ranges and I met my objective of becoming fully invested at "my" prices. I raised my price ranges higher than I might have done in the past because I failed to become fully invested in the past.

Selling at high prices is much more difficult than buying at low prices because much more money is at stake. I will not try to pick a top. I will sell when I don't want to risk what I have for the possibility of more. It is possible that I can sell with a scale up discipline, but it is more likely that once the selling starts the "sell dam" bursts.