|
zalesky..if they hold, they will not be harmed, things have a habit of returning to favor, particularly when they sell off for a non fundamental reason...look at ibm...a behemoth, up 60 points in a few weeks...sunw range traded for years..broke out..coms did the same broke out..but fell back....trading is great as long as you have a "familiar" market...the methods that you use now, would eat you up alive in a bad market...as in 17% interest rates...remember them, doubt it, you know not of hyper inflation...and i hope you never will..ease up on those who recently bought, "investors" must learn not to doubt themselves, when the only change has been a "perception"...hey i'm happy to make 12-15% per annum..it's an accomplishment for me..guess i'm just a dopey old school guy....time to buy is when the world shouts sell..like ibm at 35, merck at 32(thank you hillary), bp at 39, cpq at 16, msft at 35....let them split, cash out part of the split, take your money off the table, play with what the market gives you...in several years you have accrued wealth, no need for adrenalin rushes...it's a beautiful thing..good luck...work on your people skills...they will repay you in kindness many fold! |