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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: Mopack who wrote (34624)	4/19/1999 12:30:00 AM
From: louis deptula jr	Respond to of 120523

Don't feel bad Mopack. I jumped in to SVRN at a high of 20 1/2. I can't believe it did not even come close to following FLBK's lead. The news made it open high enough, but then it just dropped like a led balloon. What a sick disappointment; for although they are a stable and large bank with a savvy CEO, the stock should have been a short investors dream, not a long investors nest egg. Who would have thought it would be such a fussy pick?

To: Mopack who wrote (34624)	4/19/1999 7:20:00 AM
From: lee kramer	Read Replies (1) \| Respond to of 120523

LINDA & MOPAC: I sympathize with your SVRN and ATLB plight. I've been there too. The toughest thing to do is to sell a stock that's moved up nicely...it's your "friend", it makes you happy and it makes you money. It's hard to let go, and it becomes a psychological problem, not a market problem.. A strategy I've come to embrace (after a lotta years) is to hold half, trade half. I've been in NITE since 40, and every time it pops us a few points I sell some, hoping to buy it back lower; sometimes I can, sometimes I can't. If I can't, well, I've still got my half, protected by trailing stops. Buying at ATLB when it's very strong might suggest you use stops which may or may not help. The Market humbles EVERYONE at one time or another. Do your best with these losing trades then try to forget 'em, move on and recoup elsewhere.