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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: William W. Dwyer, Jr. who wrote (1736)1/15/1999 1:10:00 PM
From: Mr. Rhino  Respond to of 3216
 
Bill,

That "you only live once" really got you heh? I'm not that way, not usually anyway. it was meant more or less in a humorous way, and I do have a practical approach towards most things. A little bit excited I guess.

But my rationale for keeping half is to see what happens today. And I have a stop in at a little higher than my original purchase price. But I must say I think this stock will do OK. And I know you have a more conservative approach, and that is probably why I like corresponding with you. keep my feet grounded. Thanks. And you make solid points.

Mr. Rhino



To: William W. Dwyer, Jr. who wrote (1736)1/15/1999 3:53:00 PM
From: Mr. Rhino  Read Replies (1) | Respond to of 3216
 
Bill,

I had mentioned before I sold half my shares @ 4 and then it went to 5, so I sold half of that, and then it went to six, but came down. So I have 1/4 left, got some profit, and am trying to justify why I sold any of it. But I guess that is easy to look at in hindsight. I feel better and safer that I have a profit and some stock left.

You know with my business, I always try and revise my business plan. And with a stock, I try to use the same approach. A strategy with the buying and selling of a stock. And if this stock ever went to 20 on Wednesday or Thursday, I can't say to myself why did I sell any of it. I'm going to use the approach I've thought of, and try to win on each investment, or lose as little as possible.

I do like the day's turnaround 2 to 4 sell half to 5 sell half and wait to see how it opens on Tuesday with money in the bank.

I'll tell you what, this is a heck of a lot easier to watch than actually execute. It makes me appreciate all the full time day traders out there, home and on Wall ST. that do this for a living. This is nerve wracking, even on a good day.

Mr. Rhino