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Non-Tech : The Critical Investing Workshop

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To: freeus who wrote (20788)5/30/2000 1:59:00 PM
From: Nichols  Read Replies (1) of 35685
 
I'm not sure I agree with you. Sure, you'll lock in a double or triple, but if you have a killer company, you may be leaving the serious money on the table. Look back at a few Gorillas and Kings- MSFT/CSCO/INTC/EMC/DELL/JDSU/QCOM. If you sold after a double or triple, you'd be kicking yourself. Lastly, I don't believe it's possoble to time the market. For better or worse, I'm gonna buy some quality companies, and hold 'em for at least 5 years, unless there is a fundamental change in their business. Tracking my portfolio 100x a day was fun last year; it's been torturous this year. Gotta learn to shut the computer off.
EDIT: Freeus, perhaps the problem is that you are too heavily concentrated in one stock. Perhaps a little didversification, 5-10 stocks is in order.
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