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To: RGinPG who wrote (5092)	11/4/1998 5:04:00 PM
From: Thean	Respond to of 14427

Ron, don't feel guilty at flip-flopping at all. The bottom line is what counts. If flip-flopping makes you profit, flip-flop away. Surviving daytraders flip flop all the time to make a living. They do so by removing the risk of being wrong for going the wrong direction as much as possible. To do so they also mortgage away the gain potential of their positions. However, if they do this with great discipline by fliping and flopping, they win big in a long run. Therefore, don't let them scare you into admitting flip-flopping is bad or wrong or something like that. Those who know how to use the technique and the discipline to execute the plan win. Those who rely on hope and especially over-rely on their gut tend to come up short. Don't lose sight of the investment objective. Know thy goal and strategize a plan to fulfill your goal. If one comes up short, it is in the execution, not the plan. This is really no difference from how to run a profitable business.