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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: JPR who wrote (2974)	10/5/1998 1:56:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 12475

JPR All we need is THE WORD from the G-7 meeting and all your losses could turn into profits by the weekend. In any case, ALL bear markets eventually turn around. The only loss will be the loss of opportunity of not being able to use your money till you can get out of your losers. And no more day-trading for some time. ratan

To: JPR who wrote (2974)	10/5/1998 8:33:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

The zero-loss strategy. JPR: If it is any consolation I have on paper given up little over 200K of profit on DELL in the last few days but mind you I am still in the black with Dell. One way to play it safe is to sell about 66% of the holdings when the stock appreciates about 50% from the 'buy price',this way the cost of the ownership for the remaining stock will just about zero and then it doesn't really matter how much the market or stock drops.With my experience with Dell if one has gotten in at about the 'low' of the year the stock should appreciate 50% or there abouts in about 6-7 months.Just a thought is all. I haven't done this yet, but I did talk about it with my wife only last week. PS:Anyway this is not the first time I have given up similar amount in profits with this stock on paper,well only recently before the split the stock dropped close to 15 points from its peak in a month (probably August) or so,same thing happened then. What could turn this market around. Like Ratan said here are some events that could light fire under the market. 1.Another rate cut by the FED 2.A rate cut from few major European G-7 members (but I doubt Germany will do it since their rate is already very low,not as much as Japan's but 3.3% or something) 3.Blow out earnings from Intel & Microsoft. I am sure there are others but any one of these or a combination of the 3 should do the trick. Hang in there.