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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (18590)	11/29/1998 12:56:00 AM
From: Clint E.	Respond to of 70932

Doc, I took my fair share earlier this year when I lost money after SDTI crashed. I had no control in that since it happened quickly but I took control of my destiny and cut loss in mid 20s a couple of days later. It is so constructive when you take a loss, especially if you can keep it to minimum. One good way to get rid of a short-term bias(at least for me) is to take a position in a stock in the direction of your bias and get out with small loss when it goes against you. I did that with IBM and SUNW this past week and got out with 25c loss pre trade. A small price to pay to wise up and "get it out of your system". Side note: Haven't been able to send PM all day. Keep getting "document contains no data". Something wrong with SI again. Clint