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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Thomas J Pittman who wrote (3710)	12/11/1997 11:42:00 AM
From: Thomas J Pittman	Read Replies (1) \| Respond to of 10921

You know, guys, maybe its just me, but this 'blood' stuff sure was a lot more fun the first time (when i had no holdings and was looking to get in). Just a thought. J

To: Thomas J Pittman who wrote (3710)	12/11/1997 4:33:00 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 10921

Thomas, RE: "My question: do you wish that you had...." In a recent post, I mentioned that I had "hindsight blues." It is clear now what the recent highs were and that we are visiting some of '96 and '97 lows. I don't believe that I would have exited at the highs and would be sitting with 100% cash now if I decided to trade. The risk of selling at a "top" is that it could still continue up further for a significant while. The key to selling is the amount of assets at risk as a % of ones total assets. I have a very small %(4-5%) of my total assets invested in stock, so I am inclined to risk returning profits for the chance of 5-10 times gains. I missed this year, but I suspect that unless I get up the nerve to increase my investment significantly, I will miss selling again. My goal is to sell once, and I have now missed two chances in 97. The summer rise made my spring inactivity look correct, but now I sit with egg on my face. I will be buying more. Cary