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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (25488)	4/8/1999 4:20:00 PM
From: Dave	Read Replies (1) \| Respond to of 90042

Speaking of CNKT...after making almost 200% on it, I remember chasing it for a second try only to get in at the high of the day. I held overnight for a gapper and it opened much lower, so I cut my losses only to see it go back higher later in the day. Talk about bad timing. Ended up losing more than I made on the first try. Guess I got cocky. I sure have learned the value of two things: Stop limits and don't chase a stock ever, no matter what, there is always another one around the corner. If I do well on a real mover, I usually take my profits, take it off my screen and don't try and trade it again. Look at IATV yesterday...I did really well. Almost pulled the trigger this morning and glad I didn't. Maybe I'm finally learning something here.