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To: drsvelte who wrote (17474)4/1/1998 1:03:00 PM
From: rocklobster  Read Replies (5) | Respond to of 95453
 
All I too am looking for guidance. I have a limit sell on FGII for 31 which just yesterday I thought it may take a few weeks to get back to and now it looks like we may see 31 today. Am I making a mistake selling here or should I be happy to be out at my price so soon. I would hate to sell it and see FGII at 35 tomorrow, especially considering that the volume is so low today. My oh My if some real volume came in this could fly.

The really funny thing is that I have had such a remarkably bad month with my portfolio down 30% in 30 days that when I felt like selling yesterday, and going short to try to recupperate some losses, I just decided to do the opposite of what I felt like I should do. So I decided to hold on. Sounds crazy but I'm sure someone out there can relate. Anyway, thoughts or suggestions are humbly soliceted...... Anyone?

later,
Richard

P. S. Too Late to hold, FGII sold all at 31 while I was typing this. VBG



To: drsvelte who wrote (17474)4/1/1998 1:29:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
Gurus and wise-heads -- words of wisdom solicited.

Boy, you really open yourself up for it don't you? Would some words from a sage derriere do? If you are in a trading mode, you might consider shifting some money from companies that have gotten bigger play to some of those that have gotten less. Since I believe in portfolios that eventually truth will out and value will in, shifting the money from what currently seems hottest into something that may show greater relative value should improve the risk/reward relationship -- more opportunity on the upside and more protection on the downside. I've been trimming a bit on RIG and NE and accumulating ESV on this basis.
good luck,
Baird



To: drsvelte who wrote (17474)4/1/1998 1:33:00 PM
From: waverider  Respond to of 95453
 
KNOCK THAT OFF!