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To: Broken_Clock who wrote (1365)7/28/1998 4:05:00 PM
From: Thean  Read Replies (4) | Respond to of 14427
 
Papaya,
Nothing is safe. All stocks one takes up position in is "safe to me"...., until it proves otherwise which happens all the time. A better way to calculate or measure risk is to put a percentage number to it. So, do you think your Oct MU is 50:50, 60:40, etc in terms of reward/risk. Say when you bought it the ratio is 70:30 reward/risk. After a week that ratio changes to 50:50. Would you do anything at that point? I like to enter with good ratio and exits (even taking a loss) when the ratio is 50:50 (meaning I really don't have any inherent advantage in winning further). Just my 2 cents.

As expected, the overall market tanks except MU, INTC and SCTR. What a lousy day. I am holding on to FGII for now.

Doc - how did you make out from SRCM? I decided that I'm just going to watch it on the sideline for now. But tomorrow may change that.