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To: waverider who wrote (12659)2/23/1998 9:25:00 PM
From: davep  Respond to of 95453
 
hold your winners,cut your losers.Wishing,hoping increases your losses cut these dogs and buy the winners.Thats the purpose-to make bux not lose em.



To: waverider who wrote (12659)2/23/1998 10:36:00 PM
From: Chuzzlewit  Respond to of 95453
 
<<It is hard to stay the course during times like this. But that is where the money is made. Yeah, one could jump on the DELL, MSFT bandwagon...but just remember where these stocks were two months ago.>>

I'll second that. A couple of months ago Dell was down to about $70, and doom and gloom pervaded the thread. Most people held, although some who bought on margin were called and forced to liquidate their position. It's tough when you see 35% of your position evaporate in a couple of months, but the key is to keep your eyes on the fundamentals and ignore the rest -- and be patient.

Regards,

Paul



To: waverider who wrote (12659)2/23/1998 11:44:00 PM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 95453
 
This morning, they issue a string of press releases, a large number of partnerships and contracts and...+5 points later folks are wondering what hit 'em.

Oh so that's what it was. I know I was sure happy that because my QCOM puts were expiring on Friday, I had cashed 'em in. -GG- What's that quote about the last chopper out of 'Nam? :-)

You're absolutely right about stocks turning just when you aren't watching anymore. Particularly since I also have a full-time job, that's another reason I'm sometimes more comfortable being in than out.

DK