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To: Carole who wrote (672)4/20/1998 9:56:00 AM
From: HeyRainier  Respond to of 1720
 
[ OMGA ]

LOL. Isn't it amazing how chart developments very often indicate fundamental developments? Perhaps the next time around, it would be prudent to "scale up" one's selling, like selling half one's position, and letting the other half ride out the bumps. You know what I'm thinking could have happened with today's action, but it's a part of the whole course of one's trading.

Lesson noted.

Regards,

Rainier

PS. Perhaps I should have seen the report coming, because OMGA was really being aggressive with promotions this quarter with all the fliers in the mail. Even I wanted to spend more money.



To: Carole who wrote (672)4/20/1998 11:08:00 AM
From: HeyRainier  Read Replies (2) | Respond to of 1720
 
[ Chat ]

Very often, traders will experience pain from a different sort of development, and that is from selling too early and watching significant gains take place while they sit on the sidelines. When that happens, I think a little break is in order, for it makes a person unbalanced in their judgment. What one should fear the most is making the next trade in the hope of compensating for the lost gains of the last trade. Here, one's judgment becomes clouded, and could lead to a poor result.

Regards,

Rainier