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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (9327)6/3/1999 9:10:00 AM
From: Pluvia  Respond to of 18998
 
ALOY has been giving me the same pain, although I have enough of a hedge with other plays it has not halted my overall port from continuing to rise significantly in value.

I find when a market turns I often get caught in a few upsidedown positions - the same thing happened when the market turned up last fall. It's just a price of doing business. A stop loss would have helped with ALOY.

But don't confuse ALOY with the DSL co's like NPNT, RTHM, COVD. ALOY was an IPO play, these DSL plays are industry group plays.

Good luck

Schteve