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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (15147)4/21/1998 10:53:00 PM
From: Chris Chandler  Read Replies (3) | Respond to of 79273
 
Thanks, but I came across APCO through a Wacco Kid spotlight or something. Unfortunately I also found NIAR. NIAR went from $1.25+ down to $.008. Right now I'm in APCO, APM, ASND and ATML ( hey, I see "A" pattern here) :-), and have no idea what to look for, as far as, getting out. ASND I've ridden from $33 down to $23 and back up to its current $43+ just because I "knew " it would come back because it's a strong company in a growing field. I've been in ATML before. I made some money in the stock, but lost a BUNCH on long calls. I'm currently trying to recover my expensive "learning" experience with options. Really the things I learned was to not gamble with long out of the money calls, and sell at a loss to protect capital when it moves strong against you. Now, I'm working with 1/3 the capital I started last August with because I didn't sell thinking "I've got time for it to come back. 3 months is plenty of time." Hopefully others reading this may be spared this difficult lesson.

Chris