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To: Bazmataz who wrote (20866)	4/30/1998 12:49:00 PM
From: waverider	Read Replies (3) \| Respond to of 95453

Baz...this is exactly what I get rather bothered about here. >>I guess I'm a bit more like Thean and don't mind taking profits when they're there. It's hard to know what to do here, but I'm nervous about selling, given that a breakout seems imminent.<< There are some very good traders here who continually suggest folks take their profits for whatever reason...charts, volume, impending doom, interest rates, etc. What this constant commentary does for investors who have not been in the game long (long is defined as the time it takes to lose your ass in the market and come back at least 2x) is to cause a buildup of fear that eventually overcomes logic. The result...you sell when you should hold or even buy more. That is why I constantly want to provide an alternative assessment when the timers claim to know the future. It is important to know that their IS an alternative view. I don't know how some people seem to pull off market timing as well as they claim to. All I know is that I've never been able to use it effectively...the gains usually balance out the losses. I will say I try timing with buying options on great companies I feel will go up due to their internal strength and that have been hammered for no reason. I've done modestly well there. HOWEVER, there are people like Big Dog and others here who know the business and give solid, long term advice. Had you listened to him concerning FGII, you would be very happy today. From all the calls here since January, his FGII suggestion has been the only one that has truly provided for huge capital gains. The traders left when they were worried about resistance at $34 or some such thing...or sold out yesterday and are watching it go back up as one of the only patchers moving in a positive direction. Buy the company NOT THE STOCK! <H>