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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (3196)2/25/1998 7:56:00 PM
From: Tai Jin  Read Replies (1) | Respond to of 12617
 
It all depends on your objective. Why did you buy this stock in the first place? Do you consider it an investment which you'll hold for a long time? Or are you trading on the momentum? I also bought it today and will be happy to exit at 2.

If you want to trade, you should learn to preset your exit point when you buy a stock. It helps to understand how the stock trades and the news surrounding its movement so that you can make a better guess as to what price is a reasonable exit over some period of time.

...tai



To: Daniel Miller who wrote (3196)2/26/1998 3:39:00 PM
From: steve goldman  Respond to of 12617
 
Great trade..you turned 300 into 450 in one day....50% net of commissions....you're my man! Looking for an internship? Give me a call. (seriously)

Anyway, nice trade....still look to the mutual fund untilyoucan get a minimum of 100 shares of something....

Remmeber, things that go up 50 % in one day also come down as fast if not faster at times.

Regards,
Steve@yamner.com


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