Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: SLSUSMA who wrote (10414)	1/4/2000 7:12:00 PM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

what are you smoking? did you even read what i said? i said i periodically sell SOME of the shares in my long term portfolio if/when moves become TOO parabolic for my liking. i never said i sold all my EGRP shares in april. i actually dislike parabolic moves, they are exciting, but most of the time they ruin a chart and a steady upward rise. EGRP is still digesting the parabolic move in april. you say: "There is no reason for the NAZ 229 point drop today if investors were long term" most investors are not long term, i never said they were. and there's nothing wrong with that, each one has its own investing strategy. i personally think a combination of both long term investing and short term speculation is the ideal strategy. i daytrade too, but i have a long term portfolio which for the most part i never touch. if you look at long term charts for the Dow, Nasdaq and S&P you know what the long term direction of the market is. you say "I do have a short horizon for this stock. So does the rest of the market if you have not figured it out" who gives a fXXX what's your horizon for this stock, and what's your interpretation on what the rest of the market thinks? the market is slow to figure things out most of the time. AAPL was at $ 12 in december 97 when i bought it. the whole market was shorting AAPL, i was buying it. stuck-up smart asses like you expected it to go bankrupt. the market, or at least most institutional investors, were slow to figure out the upcoming internet revolution, which individual investors saw early in 1997. you can park your money wherever you want for as long as you want, just don't annoy us with your endless gloatings about the 5/8 point you made daytrading Phone.com today.