Gary,
Of the two part to a trade (buy and sell), buying is ALWAYS the easier of the two. People have a hard time selling, and it's something that takes time to learn.
I look at it this way. The wind is blowing at 60 miles an hour and you're in a little boat, but your sail is of quality material. When you want to get to "where you're going" you raise your sail and get some of that wind.
When you get tired of the mental and physical strength you need to make your boat keep going, you lower your sail and coast, while you regain your strength.
If the wind continues to blow, your trying raising your sail again, and continue to get some of that wind.
Maybe your fellow sailors could hold out longer with their physical and mental stamina, so they're further ahead of you. But who cares? Is this a race? Absolutely NOT.
Now perhaps if the wind stops, or blows a different direction when your sail is down, all those guys who were ahead of you might now be BEHIND you.
This all nets up the this as reality: I am holding that small position I have until after the split, and will watch were all this goes. So I will continue to keep trying to be an INVESTOR in CMGI, not a trader. If people continue to run this up to stratospheric heights, I will continue to find extry and exit points along the continuum as a trader.
Hope that helps...Sorry for being long winded :>) |
