Sonki,
I am the wrong person to post those questions to. Although I watch the market with great interest--a form of self indulgence, really--most of my long term core holdings (INTC,MSFT,CSCO,LU,CCI) do not require watching, as they have passed the stringent criteria I set up for them when they were first selected. I have, however, carefully looked at these stocks' fluctuation pattersn/magnitudes, compared the risks of holding versus those involved with "hedging", and decided that the former is MY choice.
I wasn't directly in MSFT in 1987 (assets were managed by private money managers then), but during the whole year of 1994 (a stealth bear market), MSFT hardly budged. I was extremely impressed.
As to Intel, I stayed with this stock when, in 1995, the share price dropped from $72 to $50 and stayed flat for almost a year. All the people I knew who also invested in this stock got out during that period of time, and are still kicking themselves.
What I am trying to say is: with the high quality stocks that I put in my core holdings, I do not attempt any market timing, except for occasional LEAPS plays to add to the fun. With my secondaries and tertiaries, it is a totally different story--I am relentless in trading of those issues.
But please be reminded again that whatever worked for me might not be suitable for others, and vice versa. Afterall, our flexbilities in timeframes, resources and risk aversion are all different.
Regards,
Ibexx |
