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To: gambler who wrote (839)5/29/1998 12:42:00 PM
From: Elliot  Read Replies (1) | Respond to of 44908
 
News From A Competitor:

09:54 ET National Record Mart Inc (NRMI) 11 7/8 +15/16 (+8.5%): Stock received positive mention in latest
Business Week. As company has reported double-digit same-store sales the stock has rocketed, rising from $3.50 since
January. Robb Knie of Equity Advisory says company's sales are rising faster than anyone else in the industry. And, what
you were all waiting here, the company may be close to going on the Internet to sell new and used compact discs. Knie
also thinks a buyout is possible, as Wherehouse Entertainment owns 3% of the company. Believes NRMI would go for
$22-$24. Volume 79K.



To: gambler who wrote (839)5/29/1998 2:14:00 PM
From: StkProfit$   Read Replies (1) | Respond to of 44908
 
yep, I agree. These others are from the Shark Attack boards:

13 mistakes to avoid in the market. (Generalizations of course)

1. Lack of a game plan.
2. Lack of money management.
3. Failure to use protective stop/loss orders (without personal oversight at least.)
4. Taking small profits and letting your losses run.
5. Overstaying your position. (past profitability expectations)
6. Averaging a loss.
7. Meeting margin calls.
8. Increasing your commitment with success.
9. Over-trading your account.
10. Failure to remove profits from your account.
11. Changing your strategy during market hours.
12. Lack of patience, or trading for excitement, not for profit.
(Ouch, guilty on #12 especially this last year :-))
13. Don't let emotions cloud your judgements. (vicar/gambler addendum)