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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS) -- Ignore unavailable to you. Want to Upgrade?


To: STEAMROLLER who wrote (345)6/4/1998 9:49:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 1084
 
I've been into trading for less than a year and for the most part, I fancy myself to be a nervous wreck when it comes to the stock market.

Maybe I'm maturing with time because I was quite pleased with my reaction to today's 34% fall. I mean, there was a time when I think I would have sold out. I remember when I bought DGIV around $1.40/share and when it fell to $1.25 hours later, I sold out. By the end of the day the stock was at $1.08/share and I thought I was a genius. In hindsight, I wasn't a genius, I was an idiot. The way I saw it back then, DGIV had "lost my trust" by dropping so much within a day, and so I didn't want to get back in. Oh I didn't know what I was talking about! Just try to buy DGIV today for a buck-fourty and see how far you get.

Anyway, I look at the pathetic volume today: 214,900 shares. Is that supposed to scare me? Now if the price were down 34% and the volume was over a million, ok, I might be panicked. But not with that volume. As Dustin Hoffman kept saying in 'Wag the Dog': "This is nothing!"

My portfolio screen seems to tell me I lost several thousand dollars today with DIXS. But not really, because I didn't sell :)

See ya at three bucks, y'all.

--Chris