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To: stock bull who wrote (12200)4/21/1999 11:15:00 PM
From: Guardian  Read Replies (1) | Respond to of 41369
 
OT: understand all that, and don't deny tomorrow's rush on dell/msft and all. but it ain't the best way to make money. too slow/incremental and i'm not into the street punishment given to ibm last time. look at ibm and tell me you couldn't have tripled your profits by dipping in and out since it hit $195 pre-earnings last quarter. Look at dell since CPQ pre-announced even though they said they were OK. I still hold 200 dell and 200 msft and could have made $11,000 just today alone if i had sold msft and dell and used the money differently. look at LCOS and NSOL intraday if you doubt. like a fool i held even with notes to myself as to what i should do that morning as alternative.

THE LESSON: Never fall in love with a stock if it doesn't move your wealth forward. Akin to writing. A writer learns never to fall in love with his/her prose if it fails to move the story. To ignore this prime directive means only one thing. the writer will never get published and the investor/trader will never get rich.

And isn't that what it's all about??? But then again, it's a free country, so I defend your right to hold onto dell and surrender the profits to me. LOL