<Anyone that bought into the mind meld at 100 or above (split adjusted) and is still holding, probably wishes he or she had practiced a little entry/exit timing.>
Well, LG, you sure know how to stir up a thread! :)
Seriously, after reading lucid retorts as those from Maurice and Frank, it is hard to have much to add. Except to say something as self evident as this: identifying a great company, regardless of the gyrations of the market, works over time if you buy and hold.
That is a lesson I am learning. After sometimes b&h, mostly st trading, managing somehow to make a ton in '98 and '99, and then managing somehow <g> to lose a ton in '00. I am more humble now.
Let's face it. Not everyone can do what you can do.
For the rest of us, it's a lot simpler to identify strong fundamentals and choose to ride those waves. Fortunately, we live in an era of economic restructuring that seems to reward that simple approach.
And to you, congrats also!
ps. I don't post much on this thread. But at times like this, I do try to read it. Perhaps that is also why you are here today. At any rate, the quality of responses to your posts suggest to me that I'm in the right stock! :) |
