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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: Glenn who wrote (6518)	1/9/1999 6:06:00 PM
From: BarbaraT	Read Replies (1) \| Respond to of 90042

Glenn ... my trading portfolio hasn't been doing too well (but I'm holding my own), I have as many losers as winners. But my long term portfolio is doing great. I added 100 shares of LUV and DIS to it this week, DIS is down a bit but I'm not worried, but LUV actually went up 6 points. These I put away and don't really think about. I hold them for years, unless something happens to change my mind. My phone companies are doing great (WCOM, LU, ATI, T etc.) and even CPQ is starting to move. So, yes - I can't complain. I just wish I could get some luck with the trading account. This is the account that I support myself with - try to make some cash and pull some out for expenses. I have a lot of losers, but I think that the ones like TMCS and PAIR will come back, it's all the others that I wonder about. I don't want to sell them however, because I sold BNYN when I broke even on it (had it at $10 for 3 years) and the day after my order fills, the thing takes off. Hits 15. Still glad to be rid of it. But I will brag about one thing ... on a small scale, but big for me. I have had DBCC for about 3 years which is how I became aware of it's movement about 2 months ago. Foolishly I did not average down as I had been fooled more than once by this stock (bought it at 12 1/2) but kept telling everyone to buy this thing because it would hit $25 this past week (actually soared past it). Anyway, Thursday night I decided to take my own advice and bought 100 shares at 19 and put a sell order in at 25 (following my instincts) - and made a quick $600. That was a rare occurrence for me. Still have my original 200 shares because I now believe this is going to go to at least $35 - and made a quick profit all the same. I do so much better with my mental trades - money is scarce, and it's scarey when it's the real thing. But what a week! We have to keep things in perspective and remember last August/September when the market really took a beating. Otherwise, we are setting ourselves up for a big fall. Good luck this week and happy trading. Thanks to you and Tim for keeping me on the straight and narrow and for all the assistance. Regards, Barb