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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (5250)5/5/1999 1:15:00 PM
From: joshi  Respond to of 6021
 
Its always hard figuring out when to take profits. My rule is a hard dollar amount. I usually say if im up 2g I sell. If im down 500 I sell. If you set your own rules and stick to them you will be sucessful. It seems to work at least for me. I made 115K in 3 months doing this. There is a book written by IBD Owner. Excellent book and great way to trade. Good luck. P.S. A correction in the market will drop neta lower. Id buy a 30% in Neta now and wait till it it makes a move either way. If it goes up 20% buy more, If it drops 20% buy more. This is assuming you are not under 50% on margin.