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Technology Stocks : All About Sun Microsystems
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To: Sueponine who wrote (32399)5/29/2000 12:23:00 PM
From: JDN  Read Replies (1) of 64865
 
Dear Sueponine: Speaking for myself, I consider myself a long term investor. I didnt sell when the market was UP and sure havent sold anything now that it is DOWN. These cycles come and go but historically election years usually prove to be ok, and the year after also. The only thing I have done is to stop buying as I am not sure of what the FED will do. If they do what I THINK they should do, which is either no rate increase or return to gradulism, we should have a very good summer. If they continue on this headstrong rate hike mode then it will be a long summer indeed. However, it will eventually come to an end and good quality stocks like the ones you own will do well IMHO. Incidentally, I am retired. Were I still working as you apparently are, I would continue to dollar cost average into the market. You goals are 7 years out and I dont know why you would give these recent gyrations any cause for concern. JDN
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