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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (19881)3/12/2000 12:49:00 PM
From: freeus  Read Replies (2) of 54805
 
Yikes
Going over my records for the despised taxes yesterday, preparatory to giving them to my accountant.
Takes hours and hours and hours and I eat and get sick while I do it.
Anyway
The Gorilla Game
Last year I made over 200 trades. Insane! Many of them resulted in losses and/or little or no gains. Some of them were in stocks like Checkpoint Software, Vertel, JDSU, Qcom where had I just held I would have had monstrous gains instead of small gains or even losses.
I am reformed.
I will trade very little this year.
I pick good stocks; this thread picks good companies: the way to do well in the market is to
drum roll
buy and hold
buy long term leaps and hold

Sell a little now and then for your expenses.
Sell a little now and then (especially in an IRA)
to be able to buy more in a correction.
Au revoir!
Freeus
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