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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.26+3.1%Nov 14 9:30 AM EST

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To: Boplicity who wrote (10328)11/26/1998 6:44:00 AM
From: Alan Hume  Read Replies (1) of 93625
 
Hi Greg,

"buy and hold is the best method"

Exactly my opinion too.
In the past I have had many painful experiences with trading, that I'm not sure it's been worth the effort. "Scalping" as Mile puts it, mostly ends for me in castration.
Buying and holding has worked by far the best for me, but finding the right horses to ride is the most difficult task. Earlier this year I subscribed to VectorVest, and that has worked quite well, in fact that's how I found RMBS.
Talking about "Stupid Trades", if you really want to frighten yourself, build a fantasy portfolio of all the dogs you have sold, for whatever reason. My experience shows that most have indeed turned profitable, indicating that the choice was right, but the timing was wrong.

Alan
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