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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Nicole Bourgault who wrote (12772)	4/16/1999 4:26:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56537

To ALL this is Poet's last post--and I just put it here now so she knows we haven't forgotten--my prayers for you Poet. Max90 Message 8600519

To: Nicole Bourgault who wrote (12772)	4/16/1999 4:28:00 PM
From: Trader J	Read Replies (2) \| Respond to of 56537

Nicole: NETA - I think it depends on you time frame....NETA is a leader in what they do and they will do very well over time. Over the short term, they are damaged goods and could drift either way. Problem is, they just aren't as sexy as many of the other ones out there right now. I did not want to take the loss and held longer than I should have....but I had to dump it in order to move on to more attractive issues. Try not to get caught up in the $$ so much and see each position for what it is....objectively. What is your cost basis on NETA? I lost about $5K because of that bad decision. But because I was able to take the loss, I was able to put that money to good use elsewhere. Made over $11K today, most of it came from NETA money. You usually trade very well Nicole, just keep your head in the game and make good solid decisions in your issues. You have to be able to see the issue as if you didn't have any money in it....then make the decision on what to do. Very easy to say, very tough to do. Tj