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To: DWW II who wrote (598)6/19/1998 12:01:00 AM
From: Premier  Respond to of 19700
 
Good luck to you. Since my time horizon is long I would prefer to ride the zig-zag. Your timing may well be perfect, but two scenarios are probable. Cmg drops to your buy level and you get back in. Should cmg not "back leap frog" you will be holding cash instead of winner. All theories look good on paper but no one can consistently predict short term reversals. I, for one, do not even venture to make such predictions.

Premier



To: DWW II who wrote (598)6/19/1998 3:38:00 PM
From: surfinSteve  Read Replies (1) | Respond to of 19700
 
DWW II,

If you're right and we return to the mid 40s then you're in luck, but that may not happen any time soon, in which case you miss out on some potentially large profits. I prefer to have a base holding that I steadily add to and never sell, unless I decide that the prospects for the company are no longer good.

I also may buy additional blocks for trading and sell them quickly when I have a profit (hopefully!).

Good Luck!

Steve


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