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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?

To: SirVinny who wrote (1063)	3/8/1999 12:32:00 AM
From: Jean-Robert Grenier	Respond to of 1673

Hi SirVinny ! We all buy on intuition and sell on fundamentals like we buy on rumours and sell on news or we buy with our heart and sell with our head. We try to beat the market and sometimes we succeed but the market is the market so... we have to discipline yourself specially when we invest on margin. I also work with margin but I learned 3 principals that I try to respect. 1) Sell and pay back your margin when the slope of a stock raise at a level of 50 to 60 degrees on a time frame of maximum 2 weeks. This has to be based on it's graph history , 2) With the profit, buy back the stock or another one and work again with margin when the principal (1) is the other way around. 3) Never go to heavily on margin, take the level that you are able to live with and you wont have to sell when you are not ready to do so. I am also a Dell investor but I bought it 8 months ago so the last turmoil didn't touched me. I understand more now why you were so impatient to see CGI at a higher level... The Dell situation was making you nervous. Never let a stock contaminate your portfolio sell it. When I was a store manager at Steinberg 25 years ago, Nathan Steinberg told me once; talking about the produce department, << Your first lost is always your best lost>> I still use that principal today. I hope that I was not to showy to you, but your last post sounded like you were looking for something. Au revoir Jean-Robert