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To: Flan who wrote (3721)	11/24/1997 8:06:00 PM
From: HH	Read Replies (1) \| Respond to of 95453

Flan, (is that custard or tomate?) Where did you see that Fidelity was selling GLM? I was their huckleberry yesterday when I bought at 28. As a newcomer to this industry , should I bail or ride? Thean, I hope youre doing well. havent heard much from you lately. Malaysia looks pretty beat up take care HH

To: Flan who wrote (3721)	11/24/1997 8:28:00 PM
From: Big Dog	Read Replies (3) \| Respond to of 95453

Flan...being a losing trader is much like being an alcoholic. You have to hit rock bottom to quit losing. Most traders ARE losers. They don't know how to manage money and manage risk...they are emotional about stocks and profits and losses. This isn't a fun game when you lose. If you are a REAL trader and a WINNER, it should not make a bit of difference if you are up or down. Because if you are a WINNER, you have entered a trade and already accepted an appropriate "business" risk on the downside and are moving your stop up as the stock moves up to protect profit. If you lose your pre-determined risk amount you look for another bus -- period, end of trade. I too, am guilty of some of the same behaviors that are for losers. However, I am changing my ways. If you are a long term investor, you probably shouldn't be on the board. You should be reading a nice book or something. There is a huge difference between buy and hold and what most of us on this board are doing. While some of you claim to be in "for the long term", all we see is belly aching when the prices go down. I am sure you know enough to know these stocks are volatile...that DOES NOT mean they only go UP a lot. The door swings BOTH ways. (That's why they pay me nice fat option premiums when I sell calls.) So look to yourself for the answer. Are you a loser or a winner? Are you a trader or an investor. Once you decide what you are ACT LIKE IT! Plan a trade, trade a plan. No truer words have been written. Ps. I am writing this because I am turning the corner myself on becoming a true winning trader and not a loser. I'm not there yet, but at least now I know what I have to do to get there. After the first of the year (for tax reasons) I will unwind all my positions and start fresh trading like a pro and not a loser.