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To: garz who wrote (9908)2/14/1999 9:48:00 AM
From: Roy F. Baker  Read Replies (1) of 40688
 
garz, I tip my hat to you for making some money. That is why we are all in the market. My beliefs and investment strategy can be summed up as aggressive and contrarian. I look for companies which have a market control or potentially can. I also look for sound companies that will more than likely turn around in the near future based on strong fundamentals. I believe in core investing. This technique puts a certain amount of a companies stock, which I hold, as short term not for sale. I than have another block of stock which is a tradable position, which I sell at opportune situations as they arise.
My question to you is. After you sold at 2 and 7/16, what would you have done if it was just a temporary pull back, and the stock went to say 6 and stayed there? Would you still be writing today to discuss your good fortune and your perceived misfortune of others?
There are "investors" and there are "gamblers". the people with a "plan" are "investors". I hope everyone out there, if they don't already have one, develop a plan. And understand the quotient of "risk and reward".

Roy
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