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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (42761)	1/8/1999 7:37:00 PM
From: eabDad	Read Replies (1) \| Respond to of 132070

MB- Y'know, I contemplated posting my strategy in the Internuts a couple weeks back, but the current frenzy prompts me to now. I initiated this in November with three names: AOL, ATHM, and CMGI. Investment amount $I Permanent stop loss $I minus 25% Average value of holding set at $I plus 20%, stop loss reset Maximum value of holding set at $I plus 40% Whenever the value of the holding gets to +40%, I sell a part of the position to get to $I and reset stop loss to $I minus 25%. I've now extracted almost my original investment, and still have holdings. I sold portions of two positions this week, and getting close to two more again (on three positions!). I figured, what the hell!!! Z