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Technology Stocks : All About Sun Microsystems

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To: lee kramer who wrote (32758)6/13/2000 6:34:00 AM
From: JC Jaros  Read Replies (1) of 64865
 
That 'simple suggestion' is never how it works. Once you introduce the second guessing activity into a position, you've contaminated your disipline. --- I hold a small percentage of my portfolios and the portfolios I manage back for 'trading' activity. My number one rule though is and has been "Don't ever say (utter, type, click) the word 'sell' and the name of the stock which is the subject of this thread, in the same sentence". --- That strategy has worked out very well. SUNW makes up ~80% of my holdings and my cost basis is in the neighborhood of $6. --- There have been many times that I could have made a few extra dollars 'trading' out and back into SUNW. The bottom line though, I'm quite sure would not be as great than it is today from just sticking with the sigular hold-hold-hold (and Debbie-Debbie-Debbie) mantra. --- Virtually every fundamental SUNW investor who I've read get sucked into 'trading' SUNW short term has lived to regret it, usually by finding themselves getting dumped out of SUNW altogether. --- This thread is tens of thousands of posts deep with several years of living history. Were you to go over that history, you would be able to see many 'traders' come and go, a few investors become trading casualties, and of the names that remain familiar to you as you read from the past to the present, those of us still here to post are ALL long term SUNW investors. (FWIW) -JCJ
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