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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Frank Ellis Morris who wrote (21629)11/30/1998 8:34:00 PM
From: Yiren Huang  Read Replies (1) of 27012
 
Frank,

It seem the pullback starts to occur on the stock market in general especially with those internets. Such correction is natural looking at the fast runup it has in October and this month. I have sold some portions of my holdings on the way up and last week I sold AMAT and ORCL. AOL has a big runup in the past year so the correction is well expected. It looks like just a start of correction, I kind of expect to see it last a while. And I will pick up some of the good stocks again in the dip. Sure buy and hold is a proven way of investing in long term stocks. But if you look at the up and down of this market for the recent years, probably it is wise to buy and sell and repeat the cycle with the market. In the end it is the profit that we care about not the emotion to a particular stock.
Especialy with the popularity of the internet, people get news and react to the market and news much faster than the old traditional way of trading. It won't surprise me at all if the market goes big swing at a faster pace in the future.

Anyway, wish you good luck in your investing.

Ronnie
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