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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (3707)	1/9/1999 3:16:00 PM
From: BI*RI	Read Replies (1) \| Respond to of 17183

Message 7159721 You have the same problem that I have, except that I no longer consider myself a trader, just always end up doing it. My resolution this year (after going all cash before the last run-up) is to buy only quality companies and HOLD. No selling unless fundamentals change in a company and/or a better prospect comes along. But this is a hell of a time to get positioned. But that's me, buy at the top and worry all the way to the downside. The last time I did it was when I moved from all small caps to the big boys in April, only to reposition in June and then when we were at about 8,000 in October (go to cash). I believe that part of both our problems is that we study the day-to-day fluctuations too much. I never miss the same boards as you: MDA, Stock Attack.... and the constant focus on where the market is going next causes confidence erosion and an action taking attitude. I'm going to continue to lurk them, but once I'm fully positioned, I'm going cold turkey and visit only the threads that deal directly with the stocks in which I am invested or interested. But as least we both acknowledge our diabilities and would serve as good leaders of a Traders Anomymous club. "Hello, my name is Marc, and I used to constantly sell winning stocks............. Yup, I sold PFE at 105, CSCO at 51, HD at 42, GPS at 41, Dell at 53........all purchased for the "long-term". However, you can join only after you find that the first thing that comes to mind when someone mentions TA is Traders Anomymous and when you have not owned AMZN for six months <ggg>.

To: dennis michael patterson who wrote (3707)	1/9/1999 3:21:00 PM
From: Gary	Read Replies (2) \| Respond to of 17183

I don't margin but am a new shareholder of this company. It is on the top pick list of The Cabot News Letter and an internet call/put news letter and you can guess what side of it they are on. The Relative Performance Line is strong and I focus on momentunm stocks. Too bad I was a bit late entering but who knows form here!