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To: BarbaraT who wrote (15839)5/8/1998 12:49:00 PM
From: musicguy  Respond to of 34592
 
Barbara,

I understand what you mean about obligations, but I must say I don t agree... The choice to get in (even on someone elses tip) is yours, and once you make it, you are in... The choice to get out MUST be yours... I "paper" traded RMGG (because I couldn't get in in time) and I got out with some BIG imaginary $$ at the end of the day, before the bell. The next day when it tanked, Dog and a lot of others were burned (Dog's loss wasnt that bad as he had BTS his shares and only free ones were riding)

The point is sometimes you can do better than the picker... sometimes worse.

The risk level is a personal thing. If I am happy with a 20% gain, and I take em all the time, I am safer than someone who insists on 100% gain on every play. No one can decide your risk level for you.

In cases where MM's play games, or bad news hits suddenly, there is nothing anyone can do..

I know how you feel and I have gotten burned early on by some momentum plays, but those were valuable (and expensive) lessons...

If you're up a bit? sell... it s better to take a small profit than a small loss... No one ever went broke taking profits..

If you hols longer and wait for the BIG $$?? Go for it, but don't yelp when you get swatted...

Please take no offense from any of this... I have felt the same way...

MG



To: BarbaraT who wrote (15839)5/8/1998 3:54:00 PM
From: jack w garnes jr.  Read Replies (3) | Respond to of 34592
 
Barbara,
If you have not figured it out...the people on this thread
report stocks that show gains after they have all ready went
up... Never go on any recommendations from this thread. These
people just like to write notes because they think there good
stock investors...THERE REALLY NOT. Just like the recommendations
from "Big Dog" anybody with any investment experience thinks
its funny... I like humor that is why I read this thread....
JG



To: BarbaraT who wrote (15839)5/8/1998 10:32:00 PM
From: Big Dog  Respond to of 34592
 
Now you are flat out lying.

Man, don't you ever stop whinning. If you can't take the ups and downs of the stock market, GET OUT!

If you buy into a long, it is just that, a long. they go up and they go down. hopefully they go up more than they go down.

IT IS THAT SIMPLE. Give it a rest.

BIG DOG