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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (6976)	6/3/1999 10:22:00 AM
From: daylate	Respond to of 108040

Don't buy BETT Rich

To: Jim B who wrote (6976)	6/3/1999 10:24:00 AM
From: richard lionhearted	Respond to of 108040

jim cant pick em right all the time--keep plugging away and things will turn around

To: Jim B who wrote (6976)	6/3/1999 10:26:00 AM
From: cabernetfranck	Respond to of 108040

Hang in there. Take a break, clear your head. Take care of the important things. Frank C.

To: Jim B who wrote (6976)	6/3/1999 10:30:00 AM
From: 2MAR$	Respond to of 108040

Well, definetly keep posting then Jim! :-) Picking up GAAY here @ .135 eom

To: Jim B who wrote (6976)	6/3/1999 10:32:00 AM
From: Kevin McKenzie	Respond to of 108040

I know the last thing you need is more advice, but I suggest you close all trading positions so you start fresh. Take a one or two day break. Then go for very small gains (1/4, 1/2, whatever, to get your confidence back).

To: Jim B who wrote (6976)	6/3/1999 10:35:00 AM
From: * Thumper *	Respond to of 108040

Jim, If it's any consolation, I know exactly how you feel...... I was up 75% on initial capital ending the first quarter'99 only to now be closing the second quarter sustaining a 40% loss. That's a 115% spread. It has been a very expensive past two months. Everything I touch dies within 24 hrs of purchase. The MM's are playing us hard during this slower period of the year. Wayne said it best a couple of weeks ago, when he said something like we should take the summer off & he'll see us back here in Oct. Regards, T. :-)

To: Jim B who wrote (6976)	6/3/1999 10:37:00 AM
From: ciVic	Respond to of 108040

been there - just climbing out of that hole. Keep a good attitude and you will be ok :) nb

To: Jim B who wrote (6976)	6/3/1999 11:09:00 AM
From: GraniaO	Respond to of 108040

Jim, I know what you mean, I've heard lots of people complaining about having the "kiss of death" lately in this market...I've turned ultra conservative which has helped, used to let my winners go, now I'm locking in small profits...could also be you're distracted with your wife not being well, take a little break & rest maybe....rooting for you!

To: Jim B who wrote (6976)	6/3/1999 11:35:00 AM
From: Frederick Langford	Read Replies (1) \| Respond to of 108040

Jim, Quick trading or scalping on a limited budget makes the brokers rich. Sometimes it's best to stick with one or two companies and hold thru some of the dips. Often they are as short lived as the spikes. This method requires more DD, but on less companies. Look back at some of your trades and see if some wouldn't have been more profitable if you held instead of hit and out. Have a mental sell price ready and sell when it hits that. This method works better with listed stocks. The BB's rarely qualify, but some do. Just a thought, Fred Fred