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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (2250)	11/11/1997 9:06:00 AM
From: Crossy	Read Replies (2) \| Respond to of 37387

Bosco, I sold my WDC because I learnt from COHR (the hard way there) when a stock tanks so much (20%) or more and You DON'T SELL it in the case of uncercertainty it's going to get much lower. COHR tanked to $47. I could have sold but bit the bullet. Now it's at $38. Didn't want to repeat my mistakes. WDC tanked 23%. Luckily got out at 24. Now it's even worse, in free fall towards support area at $15. RDRT was a bit better plunged to 17.63 but didn't establish new lows. Would have sold if it tanked 20% (like WDC, APM). However no additional downgrades, seems to be that brokerages are honouring that they are ahead in the learning curve on MR technology. My worst time was the black Monday. Yesterday I didn't loose big due to advancing PLAB and firm NANO, CTU. best wishes CROSSY BTW: the climate could change sooner we might think. I learnt that techstock investing is NOT for the faint of heart. If You want to sleep well, buy T-Bills. <G> Sorry but I had to vent it...