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To: Gary Wisdom who wrote (20083)3/6/1998 7:17:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 97611
 
RE >My motto: don't try to be a hero or catch a falling knife.<<
The inverse of catching a falling knife is trying to call a TOP,
Calling a Top is much more risky. A stock can only go to zero
but it can and often does more than double.
AS for cathing one going down..to each his own..I'm damm good
at it, and you need to do what your best at.
Jim
PS I do have problems with calling tops and often sell to soon,
but I know how to catch a falling knife..and have the guts
to do it. NO guts , no glory.
Jim