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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Dk who wrote (755)5/12/1997 1:38:00 PM
From: Investor2   of 3696
 
RE: " I am trying to resist running with the momentum players ... I look at the best investors of our times ... and I do not see a single "market-timer" amongst any of them."

Over many years of investing, I found that the most profitable approach for me is very long-term dollar cost averaging. I purchase stock in good, steadily growing companies and add to my holdings in times of market panic.

As you say, it is becoming more and more difficult to stick to this approach in these times of momentum investing. I seem to get caught up in the trading spirit. Actually, participating on this thread makes me want to trade, not buy and hold.

Best wishes,

I2
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