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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (8657)12/19/1997 4:03:00 PM
From: uu  Read Replies (2) | Respond to of 25814
 
Oh boy, what a day! Morning started as if the world had come to an end, and contrary to my belief the market (high techs) have done a 180 degree turn around by the close. I just added to my LSI shares at $20 1/8. But have this feeling still we may see $19 range again, so I just bought half of what I wanted to buy. I am looking at my ASND shares, todays range is $23 and some change with the close at $27 and change! If I had the guts I could have almost retired just today (and perhaps one more day of similar case) by betting everything I had at the low of the day and sell at the high of the day!



To: Duane L. Olson who wrote (8657)12/19/1997 4:29:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 25814
 
Basically, I'm holding on to the individual stocks that I've got until I can sell for a reasonable profit. In the meantime, I'm putting the money I'm raising from covered calls into gold mutual funds ( Surely, they can't get beaten down much more ). I'm even buying some real gold as insurance against the year 2000 possibility of a major breakdown in our economic system. Starting next week, I'm putting all my 401K contributions into an overseas mutual fund and bonds, since I have very little exposure in those two areas right now.
Oh, and I go to my local casino and play on the $5 blackjack table once or twice a month, not to mention buying powerball lottery tickets occasionally.