Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Belinda S. who wrote (36636)	4/27/1999 11:16:00 AM
From: Joe Hoek	Read Replies (3) of 120523

Belinda, If your looking to hold long term than holding may be a good idea with stops in place. You need to figure out if you have any tax implications (401K's and IRA's don't). If it's in a taxable account will it drop more than the 28% tax (if your in that bracket and it's a short term hold) you'd have to pay up. My timing is 50-50 so don't go by what I'm doing. I heard Jerry Favors yesterday and he's 100% cash waiting for a correction. I don't know how long he's been in cash, but if it's been a while he may just wind up buying where he got out if there is a correction. LU and AOL are great stocks - AOL is reporting and that throws in another factor. Dow is up 120, NAZ barely down as of 11:15. My take is to protect profits and DEFINITELY principle. My only problem is the mutuals in my 401K - I'll get the 4:00 pm closing price when I sell, but also wouldn't be able to buy back until the 4:00 pm closing in the next sessions so there's no way to set stops or pick your price. Decsisions, decisions

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next