Forum Archive Index - January 2002

[Jefley Aitken <jefley@xtra.co.nz>]

geoff, don't be too hard on yourself.
i bought prg mid december at 2.07, and thought i was enormously clever as 
it climbed and climbed.  i started getting nervous (looking at chart 
thingies) last week when it was still 2.25 and then watched it fall and 
fall.
and then today i thought it was time to see if i could be "disciplined" and 
observe my first-ever "vow to sell" ( i don't really know what a stop-loss 
is, but i had set myself point below which i would not go).
sooo ...  i sold when it hit 2.10.  by this time next week, you might be 
feeling fine.
i had exactly the same initial experience with rmg: rapid 10% gain and then 
watched it fall and fall and fall and fall.  still holding (and hating it), 
but i think it's probably close to a buy at current levels.
still learning, jefley



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