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


To: Dave Shares who wrote (5667)1/7/1999 4:46:00 PM
From: AlienTech  Respond to of 43080
 
My quotes are conked out I think or it blew a fuse, are these for real?

Symbol %Change Change Last High Low 52 Week High 52 Week Low Beta EPS Shares Outstanding Volume Market Capitalization Name
NSOL 25.9% 44.500 216.500 231.000 178.000 174.500 15.000 4.0 0.57 16,093,000 1,972,900 2,767,996,000 Network Solutions, Inc.
BCST 44.2% 40.438 132.000 136.250 85.250 103.000 32.750 n/a -0.87 17,093,000 919,000 1,565,078,000 broadcast.com inc.
YHOO 10.0% 29.000 320.000 325.750 283.000 299.000 28.810 3.2 -0.23 98,691,000 9,640,700 28,719,081,000 Yahoo! Inc.
BKX 2.6% 22.200 864.080 864.970 832.230 953.130 1.000 n/a Bank Sector Index
AMZN 15.1% 20.875 158.875 160.250 133.000 140.370 8.310 3.3 -0.59 158,447,000 23,626,000 21,865,686,000 Amazon.com, Inc.
IIX 3.0% 20.350 704.490 709.380 668.700 696.480 238.390 n/a Inter@ctive Week Internet Idx
CMGI 12.7% 19.250 170.250 175.500 143.500 158.310 13.620 2.5 2.28 23,073,000 4,233,200 3,484,023,000 CMGI, Inc.
EBAY 5.3% 15.000 298.000 315.000 270.125 311.250 25.250 n/a 0.03 26,974,000 2,076,600 7,633,642,000 eBay Inc.
BRCM 8.8% 14.000 172.750 178.375 149.500 161.250 47.000 n/a -0.04 44,622,000 1,615,500 1,647,190,000 Broadcom Corporation
MSPG 17.1% 12.875 88.000 93.500 72.500 79.000 9.250 2.8 0.29 25,951,000 3,817,700 1,949,569,000 MindSpring Enterprises, Inc.
ELNK 17.5% 12.063 81.000 84.750 67.500 78.500 12.250 1.9 -1.87 28,521,000 2,944,800 1,966,166,000 EarthLink Network, Inc.
GNET 22.2% 10.000 55.125 55.500 44.500 51.750 7.750 1.7 -0.41 5,753,000 905,300 259,604,000 go2net, Inc.
EGRP 18.0% 9.750 64.063 65.063 54.313 65.000 10.000 3.0 -0.02 56,764,000 5,897,900 3,082,995,000 E*TRADE Group, Inc.
DRIV 23.1% 9.438 50.250 50.875 38.000 44.000 5.000 n/a 16,934,000 1,408,600 691,119,000 Digital River, Inc.
ATHM 9.7% 9.313 105.688 106.250 90.125 98.620 20.500 2.7 -2.58 121,999,000 6,444,200 9,866,873,000 At Home Corporation
ONSL 20.4% 9.125 53.813 55.500 42.375 108.000 10.620 4.4 -0.72 19,189,000 4,298,400 857,508,000 ONSALE, Inc.
EXDS 13.2% 8.750 75.250 78.500 63.250 69.750 15.500 n/a -2.56 19,901,000 1,023,600 1,323,417,000 Exodus Communications, Inc.
VRSN 12.7% 8.500 75.500 78.500 65.500 77.500 19.370 n/a -1.13 22,786,000 972,900 1,526,662,000 VeriSign, Inc.
DCLK 17.2% 8.500 58.000 58.250 47.250 77.120 13.500 n/a -0.80 16,627,000 2,187,100 823,037,000 DoubleClick Inc.
SKYM 43.3% 7.625 25.250 27.000 16.625 48.000 1.870 2.8 0.26 8,515,000 5,342,000 150,077,000 SkyMall, Inc.
SAPE 12.3% 7.438 68.063 71.500 59.625 69.000 24.250 1.3 0.31 26,552,000 953,500 1,609,715,000 Sapient Corporation
GCTY 19.6% 6.688 40.875 41.938 33.000 51.370 13.250 n/a -0.53 30,661,000 1,920,600 1,048,223,000 GeoCities
HTCH 16.9% 6.438 44.438 45.625 38.000 38.870 11.870 2.0 -2.46 19,784,000 4,642,400 751,792,000 Hutchinson Technology Incorporated
LCOS 8.3% 5.500 71.500 75.250 64.125 68.750 15.000 2.8 -3.31 42,942,000 12,039,200 2,834,172,000 Lycos, Inc.
COOL 20.0% 5.375 32.188 33.250 26.000 45.500 5.930 n/a -1.07 22,077,000 1,635,200 591,940,000 Cyberian Outpost, Inc.
ADPT 27.2% 5.313 24.875 26.750 23.750 39.120 7.870 1.2 -0.39 108,042,000 13,652,100 2,113,572,000 Adaptec, Inc.
TMPW 12.9% 5.125 45.000 46.125 37.000 42.620 15.500 0.8 0.40 29,934,000 1,164,500 1,074,791,000 TMP Worldwide Inc.



To: Dave Shares who wrote (5667)1/7/1999 5:20:00 PM
From: Jay Lyons  Read Replies (8) | Respond to of 43080
 
DANGER, WILL ROBINSON!!!. LONG POINTLESS POST AHEAD!!!!

A question seeking answers (or thoughts, anyway) from the thread:

Does anyone regularly "double-up" on their winners?

Stayed awake quite awhile Tuesday, trying to reconcile why I'd made the trades I did. 1)Doubled down on AAPL when I was down close to a point. 2) Sold LCOS up two.

I started thinking about this question again today after Poet's post where he (or she, I don't know) said he'd bought GNET at 51 1/2 and 49 7/8. I assumed, when I read it, that she'd first bought at 51 1/2, and doubled down at 49 7/8.

Now in the AAPL trade, I'm thinking (if you can call it thought, more instinct, like a caveman fleeing from a sabertooth tiger) "stock's got to move a full point to get even, if I double-down it only needs to move 1/2 to get even." I'm thinking about not losing money, and apparently I'm willing to risk losing more money to avoid losing any. This despite the fact that every thing I believe in on an intellectual level tells me to take my loss and move on. Trade the system, trade the rules.

Now, contrast that to the LCOS trade. I'm up more than two, it starts back down and I sell for two. Instead, why not "double up" on the winner? If I'm up two, and I "double up", then the stock has to reverse a full point to get me to even, right? But the thought never occurs to me. In the first trade, I'm risking more pain (losses larger than 1 point) to avoid pain, but in the second, I'd be risking no pain (getting out even if the stock drops another point) for more gain. What's up with that?

The second makes more sense, but I've only done it a couple of times, and then only when I've bought thru a Gap sell reversal and the stock then crosses it's buy trigger.

So...I'd like to hear from others if they find themselves in the same boat, from time to time, and how they handle the waters around them. (no mixed metaphors here, hey?) Does anyone double-up to increase pleasure in the same way they double-down to reduce pain?

TIA,

Jay