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

To: Ed Pittman who wrote (3949)	1/4/1998 6:27:00 PM
From: Al Gutkin	Respond to of 10227

Ed: Not worried about a loss for taxes, just timing the cycles. Ed: I ended up high at year end, it was my day trading Nextel that saved me after I sold on the way down. I bought Nextel high and rode it like a bucking bronk, never again! I'm not old enough, or rich enough, to retire, my money has to be liquid, that is why I am forced to adopt the short term philosophy. If you look at my wild guess predictions you will see that they resemble yours. Maybe the're not so wild after all.<VBG> Ed, take a look at your numbers, I don;t think 22 can be possible unless the stock turns in the very near future or the market tumbles agian for some unknown reason. Can you emagine the feeling that investors had when their stock fell from 52 to 14, like Western Digital and others. I don't want any of that experience, do you? Nextel is too low now for a stop loss, heck it might hit it with daily swings, but, if we climb above 27, I'm putting one on. My advice to you for the new year, stay clean and don't get oil on your shoes or on the carpet or in your new truck. It's easy for me to say, I just changed the oil in the cars today. Ring me out and you'll think that we just hit a gusher.<VVVBG> Regards: full of oil, Al I only want to gamble with money on the plus side.