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To: Denice who wrote (38920)3/4/1999 2:02:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Den Ice, I would take some profits, but not just yet. This may have some legs into OPEC meeting. Of course, trading profits can be made daily, if that's your bag.

One thing for sure to do is raise your stops as the prices move higher.

Actually, I should ask you this question -- What was your plan when you bought the stocks you own? Did you have a sell point - both on the high side and the low side? Did you have a time horizon? Did you stick to the plan? If you did, you wouldn't even have to ask the question, you would just check your plan.

I bet not.

Not to pick on you, but I suspect 99% of folks here have not made the plan and then stuck to it. (Not even me.) But I KNOW it's the right thing to do. You should trade your plan as if you have a boss that has instructed you to do so or you're fired! It's very hard to do.

Good luck!

big
loosbrock.com



To: Denice who wrote (38920)3/4/1999 2:11:00 PM
From: Wowzer  Read Replies (1) | Respond to of 95453
 
Denice, buy some of these stock for trading, but I would keep core position for long term. Cause one of these days the rally will be for real. Have no idea if this one is, but I ain't selling out for a couple of bucks when I see an excellent chance of making 4 to 5 times my money over the next 2 to 3 years.

Good Luck,

Rory