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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Linda T who wrote (30951)	4/5/1999 12:14:00 PM
From: ayahuasca	Read Replies (3) \| Respond to of 120523

Regarding timing and such.. For those of us with limited funds it is difficult to enter into as many stocks as Jenna and some others so we must choose selectively which stocks look to have the best prospects in the near term. It gets very hard when your selections do not move immediately and everyone on the board is cheering one thing or another while your stocks are idle or sinking...especially in an up market. I used to have a tendency (which I have managed to suppress to some degree) to go chasing the hot stock of the moment. Sometimes it would work out but too often I was buying at or near the top. Then of course I would see the stock I exited in order to get into the highflyer shoot to the moon. This just isnt the way to trade. Hopefully in the future I will have enough $ to spread it out over a broader group of stocks but for now I am just doing what I can. Today for example while the market is doing fabulously I am not doing so well. BVSN is down, NSOL is down, VRIO is down, ATHM is up but not nearly as much as YHOO or BCST or even XCIT, etc. I have a couple of positions up but overall I am down a bit today. It kills me to watch all these other things that I was considering (YHOO options, AMZN, BCST etc.) do so well today while my selections are stinking up the place. However, nothing has changed my opinion of the stocks I am holding and it could be tomorrow that they pop while the others come back down. I'll be damned if I am going to sell BVSN today to get into YHOO b/c once I do that you can bet that YHOO will begin rtracing and BVSN will breakout. It is hard hard hard not to chase but I think it is important to have the courage of your convictions.