SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: uu who wrote (8698)3/31/1998 12:53:00 PM
From: Uncle Frank   of 64865
 
>>>It is not a matter of moving in and out of stocks. Trying to time the market is very foolish.
However I call this as simple profit taking when one moves out of a stock (or stocks) based
on what seems so obvious to him/her (in his/her humble opinion of course) that will cause an
eventual decline in valuations in the short term.

Addi, Your argument is too convoluted for me to follow.

FACT: You predicted a near term drop in the price of sunw which drove you to take a profit with the intent of buying back in at a lower cost. Since the fundamentals of Sun were not at issue, but rather the market conditions surrounding it, you timed it! And were successful!

If you try to do this on an ongoing basis, you would be fairly called a Market Timer. As it is, you are a long term Sun investor who played a (well informed) hunch :-), and saved his fellow thread members some hard won profits.

Don't sweat the nomenclature, Addi; Timer or not, if you continue to call the shots correctly, they'll build a statue of you on SI.

Frank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News