SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (9258)6/1/1998 10:19:00 PM
From: Chaz  Read Replies (2) of 42787
 
Chris

Even though I guessed right this time, I still can't believe it. What bothers me is that what the Dell Bulls don't seem to understand, is that you can still be a long term Bull (like myself), but sell the stock when it has clearly gotten ahead of itself. I started off with 500 shares almost 2 years ago, which grew to 4,000 after three splits. Since I sold at $91.375, I've theoretically gained $52K. Forget about capital gains tax, you're going to have to pay some tax one day, you can't hold forever. Therefore, I am 100% cash having also sold all my CPQ and INTC (Lucky again).

Chris, I agree with you that I don't mind missing the bottom, just like I didn't mind missing the top, but I know when I'll get back in, my chances of making a better profit will be enhanced. Keep the analysis on Dell coming, and if you don't mind from time to time looking at CPQ and INTC, I would appreciate it.

Chaz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext