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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jay Lyons who wrote (1625)	10/24/1998 5:08:00 PM
From: BarbaraT	Respond to of 43080

Jay ... as another one who has mucho shares of MIDL and BCAM (throw in MTEI and INFE, plus others) ... I have learned my lesson. And a very expensive lesson it was since I have about a dozen of these that never recovered. Have learned to take a quick but small loss if the stock should start to drop after buying (not worth the risk of holding) and a profit if I have any feelings whatsoever that (a) I have a decent profit and a profit is a profit or (b) that support seems to be weakening. When the price stayed pretty flat for about half hour, I sold it at $4.70 -- almost bought it back and $2.50 but chickened out. As you know, within 15 minutes it went to 2 1/8 and back to 3 5/8. It will probably have another run up but eventually, I believe, it will peter out. Thanks for your concern.