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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: DONNA DRANE who wrote (6436)1/9/1999 11:56:00 AM
From: Tim Luke  Respond to of 90042
 
it's very important to know when to take your profits and not let your winners turn into losers.....it is also important to take your loses...i got creamed on sape friday...i went in at 69 and it was flat for the first 10 ten minutes so i was ready to unload (this is a stock that will mover very fast on very little buying)so i hit a sell order but only 100 shares showing on the bid.....all i could say was OH SH*T....and then i put in the order at a 1/2 point under the bst offer...still to takers and then BAMM it tanks to 64 1/2 before i could get out.

my point is ...alway read the tape ...as for what dawg did, take this a a lesson to always call your broker is any doubt on your trades and confirm where you stand