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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%Nov 28 12:59 PM EST

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To: edamo who wrote (109956)3/17/1999 5:42:00 PM
From: Hector  Read Replies (3) of 176387
 
edamo,

re: market timers never match long term hold

Sure they do. Take a look at 1966-1982. Yes, the last 16 years have been a buy and holder's dream. IMO, we're heading back to market timing.

BTW, I seem to recall that back in the late 1970's and early 1980's, when I used to audit large nonprofit organizations, their boards of trustees wouldn't hear of investing in stocks. Back then, they all knew that CD's outperformed stocks. Why, because their recent memory of the prior 15 years was that buy and hold didn't work. The buy and holders of that era had nothing to show for their efforts.

Please don't tell me it's different now because of technology, etc. Some things never change and that's human psychology. The time to be fully invested is when everyone's running scared. Now, I've got most of the wives of my clients daytrading the market. What does that tell you?
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