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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (2691)	5/15/1998 1:52:00 AM
From: musicguy	Read Replies (1) \| Respond to of 25711

Barbara, you are placing a LOT of trust in someone else when you buy their stock selections ... Hopefully you are doing some DD before you buy ANYTHING... but the decision of when to sell is perhaps more important and CERTAINLY more personal than what (or when) you buy... If you can take the tension of a long ride... hang on.. if you are happy to get out with a 10-15% gain, or a small loss, then be happy with that... I've held stocks too long after a small initial loss and ended up regretting it, and I've sold too soon on a gain... You can't expect aanyone to tell you what to buy, and when to sell... NUKE is a perfect example... I could get out tomorrow with a 36% gain... will I?? No. I have looked at this stock, and I won't even take out free shares. I believe in this company and their technology. I may be wrong, but if it is a mistake it will ne MY mistake, not Joes. You may want to take profit... and that would be right for YOU.. what Joe does will be different... and his decision will be based on his research, his opinion, and his temperment. It would make things easier if all you did was fork over $$$ and have someone manage it for you... there are 1000's of mutual funds that will be happy to do that for you... but I assume you want bigger returns and a more "hands on" approach.. Well grab on darlin.. take the reins and ride these puppies... MG