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Technology Stocks : Gigoptix, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (80)	4/26/2007 12:08:50 PM
From: lexi2004	Read Replies (1) \| Respond to of 148

MJ...Thanks for kind words regarding charts. In the market, anything can happen, and of course when we are down on something it is easy for the nerves to kick in. When LMRA did that spike down to mid 3's I believe, I sold some shares at a loss and then thought to myself that I was panic selling and I bought them right back. The next day was a gap up morning.:) It's important to not love any stock and believe me I'm not in love with LMRA. I like to trade it for I like movers and it has made me money overall. We know this stock is being manipulated. Having a small float it can be done easily. However, when I start getting concerned about all that I hold and watching the stock move down, I try to remember that this stock truly hasn't had any big negative things come out. If you look at the PRs...there have been several good things regarding contracts and all. So, again, this is a trading stock, not a buy and hold forever and I do think today is encouraging for a big downward move just isn't happening at this time. There is one big thing to be learned from having traded it many times. Big moves up don't hold and do NOT start buying back in until it has fibbed no less than 50% for it often retraces 62%+. Lexi