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Strategies & Market Trends : Waiting for the big Kahuna

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To: Chip McVickar who wrote (17946)5/5/1998 2:48:00 PM
From: Arik T.G.  Read Replies (1) of 94695
 
Chip,

Excuse me for barging in.

>> how best to hedge a portfolio of stocks...

IMO- SELL THEM!

>> reluctant to take the capital gains hits....

It's just psychological. You'll sell them sometime, won't you?
After the tax cut of last year it's even better.

>>only to find our stocks going up another 15% after the sale.

Don't matter. You'll be able to buy back KO, MRK and GE at
far lower prices then the current price.
At that time you'll need the same strength of character to buy as you now need for selling.

ATG
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