here's a controversial statement: hedge yourself. if you own 300 shares of fwlt
you should of also bought one put contract a few months out.

construction is done. im short my beloved JEC (only because i know it better,
its the best in the group, i should be shorting FWLT actually).

here is a controversial statement; fundamentals are more backwards looking than
technicals. which fundamentals? who says it has to have a high P/E? how will we
know their growth hasnt slowed? by looking at what they did 1/4th of a year ago?


look how much the world has changed since then.

...also, next time you buy a high beta cyclical stock....chose a level that you
will sell at no matter what....usually under the next major level of support.
This will control losses.

First off, if you hold on (I think the right move)...you need to convince
yourself that this is the right move. If not, you will torture yourself daily.
FWLT is much closer to the bottom than the top...so buying more is the more
prudent move. If the next Q report proves otherwise, then sell...but I think
the long term story is intact.

basically more than half of all my portfolio losses have come from this stock,
and I just can't seem to let go of it, but I just don't know if it has bottomed
or will later, and if I should sell some on this big up day thinking it can't go
up after it just sky rocketed 9%, then buy it lower, or what. Mass confusion.