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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Yaacov who wrote (25283)	1/25/2000 3:32:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Hello Yaacov. Yes. I have been on other threads many times and if someone does not like opinions on buy and hold or daily trading or whatever, they certainly cannot go on these threads either. There is certainly more discrepancies on those threads than on ours. Every other thread is buy, buy, buy or sell, sell, sell. I don't believe that if you kind of a buy or hold person that this means you NEVER sell anything. It would be insane. Cos. outlooks and business models change. Yes, and some trading certainly can enhance your portfolio and I do it at times. I just generally don't let a market downturn get me out of good stocks. These stocks generally come back and I am not the best timer. Has it been more prosperous to trade very good stocks and jump in and out for quick profits? Don't look at a 1 year time horizon. Look at Dell, CPQ, Msft, LU, WCOM, Intel over the years. Had we bought 100 sh. and kept it, we would not have to trade at all. Did I stick to that model? Of course not. I am like the rest of us. I will take profits and buy and sell. But so far I have NEVER been out of the market completely. I am not sure why some would get upset when we advocate our opinions. EVERY thread is doing this. We ALL know that in the end we have to do what we feel best. And I do believe for Intel holders it would have been the absolute best solution to buy and hold. Yes. Sometimes when you buy at the top, it will take longer. But I don't believe that any of us regulars in their heart have mislead our posters. Again, IMO we try to give our best. At times it works, at times it does not. When you believe in a company and things happen and you sell, you should say so. I for one always have. I see no reason why anyone cannot trade a bit on a daily basis for extra money and it's never a bad idea to take some profits when a holding gets too big or for whatever reasons. If you need the money for enjoyment or for things you want now, you should trade more often. This year with the market that high and so many instruments out there that can play havoc with your investments, it probably IS a good idea to trade a bit if you feel comfortable with it. I do it on a very limited basis. I should do it more, play options and the like, but I don't feel too comfortable with that. I play with margin and that's as risky as I want to play. I guess we can kiss our thread good bye. too bad. It does seem that we are now doing more PMing than posting on the thread. I don't know if this is such a good idea doing things strictly on a one to one basis. For certain things yes, but if it involves the market, we should post it for all. I am guilty at times of that but never of misleading. Not a good market today and thin trading this afternoon but at least everything is up now. A lot of trading going on. gg. It's snowing on the East Coast and Greenspan's speech was cancelled. Abby Cohen is still bullish on the market and still likes the techs. But in a stock picking way. messages.yahoo.com Sonny