Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (39953)	5/13/1999 1:07:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

SWS..I think it is wrong not to take profits when they add up a lot. I've also held SWS a while now and accumulated even more, but I am not going to leave it on the table out of some 'loyalty'.. I'll sell and wait to rebuy it. So far its still strong but I dont expect to have more than 1/4-1/3 of my present position going into the weekend. And I know I'll find something else that has either just finished correcting or another "GMST" and I wouldn't care. We went through a hard time during the correction and I was lucky, just plain lucky that the first "almost" correction on a scary Monday, that none of you probably even remember, didn't destroy a very formidable position in NTBK.. I felt before that day, like you are feeling now. I even sounded like you. You can't be that sure of yourself in this market climate, what you are displaying is not confidence, its just a little cockiness and we all have it when we do well. Its natural, I just don't want you to go through the aggravation I did when the S&P futures were down 20 in the morning I didn't sleep at all that night and I had 1/3 of my trading portfolio in NTBK.. I did'nt put all that in NTBK it just grew by itself, but I didn't sell it. That day NTBK ended up surging but what did I do? I sold 90% of it. and when the real correction came days later I had only 'remnants' of the nets left. Just be careful, keep your charts up and set your stops.