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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony W who wrote (1959)	7/10/1998 1:51:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 4231

re little downside--like I said before it is always 100%. Here is my strategy if anybody is interested--it is hard to keep to the discipline of thirds, but I do it about half the time. With Softquad being my largest position, I have to keep to the discipline this time: I have three mental chunks of swebf stock--one to trade if we see some good news (like a good result from the arbitration) one to sell if earnings do well this fall after the add ons and Elmo, and one to sell if some internet hype finally hits this or they get taken over for the html/xml expertise. Getting in and out in thirds helps moderate the emotion etc. (tho I have to say, I didn't really buy in three parts, more like six as I made money off of other things). Also, if we dip to 3/4ths (ask) I dump a third, a second third at 1/2. If we go down below that the final third the shares wont be worth much and I'll just hold it in case of a miracle. Everybody has different trading strategies, I think this one is not too bad. And since I don't really have a lot of shares I don't risk anything by making it known--nobody is going to go shooting for stops just to get my 15k worth of stock:-)