Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Fred-beaches who wrote (17093)	2/18/1999 10:05:00 AM
From: Howard Feinstein	Read Replies (1) \| Respond to of 25814

herb, that is a good system!...I too would be ahead if I had a disciplined sell system. Greed always sets in when you have no projected sell number. The whole tech sector seems to rise in am and sink in pm.....I think it is looking for a base! Howie

To: Fred-beaches who wrote (17093)	2/18/1999 12:11:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

Wait a second, this is an outright stupid way to trade or invest. It's a zero sum game unless she is right on the direction of the stock more often than she is wrong. Moreover, given the tendency of stocks to fall out of bed more easily on the down-side than the up side, it is clear that it would be much more difficult for her to adhere to the 18 percent on the downside. Furthermore, if she is a trader, then 18 percent is far too great a loss to take. At most, 10 percent should be the maximum.