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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (2101)	8/25/1998 2:54:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Diamond, some perspective here as it looks like you are venturing into a new area.... For a guaranteed investment like a government bond or CD, it takes at least 3 years of compounded growth to earn 25%. If you made 25% in 3 hours, that is a pretty rare opportunity. To guarantee yourself of this opportunity, a conservative move you can make is to lock in the profit and sit on it. The next best move is to set a stop sell (have to be mental since most broker except probably e-trade allows option stop) to guarantee a gain. The next move is to gamble for more. With breaking support and all, you have a chance here. But in other cases of intraday swings, the gamble generally turns out to be a risk more than reward. So far S&P bounced off 1110. However, don't count on it until it closes.