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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading: -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (577)	3/18/1998 6:58:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 769

Dumping your holdings can stop the market from moving up, during a nice move. There are two types of moves. One is a steady trend. The other one is more common, for most mundane companies, a sudden move 300% up. After you dumped, the stock will drift down, but, not low enough to help you make a lot of money if you want to buy your position back. You are then out of position, or out of market timing. If ever the company starts to improve or starts a program of increasing investor's value; you can only watch it go by you. Some stock I sold at $4, a 400% gain, and took the profit; then it went to $72/share in a few years. Learned that lesson well.