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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: jbe who wrote (46425)	4/15/2000 1:24:00 AM
From: HG	Read Replies (3) of 99985

jbe, I normally don't post here for personal reasons, but do follow few people and their analysis...I just hope the thread does not flame this perma bull... Couldn't help but make an observation on the Buy and Hold comment... I started with CSCO in 87. Added on most every dip......for years it was the only core holding I had... Last year I added CMGI to the list....and yes, it has often frustrated me, but even after such a major crash (?), when I'm positive on it...I know I'll be fine from now on..... Buy and hold requires a studied pick and infinite patience, but boy, once you are outta the woods....you're outta the woods...and although I aim for a 25% return per year on the long term holdings...>100% has been the norm and wouldn't hurt <ggg> Of course past performance is no guarantee of future performance - still...its a possibility... BWDIK ? I am a stoopid spekulator...

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