To: Jenna who wrote (91858 ) 4/5/2000 10:33:00 PM From: bobby is sleepless in seattle Read Replies (1) | Respond to of 120523
maybe comes down to individual circumstances and preference. several friends and acquaintances of mine are wealthy beyond their wildest imaginations holding their microsoft shares for years and the lackluster performance the past year doesn't bother them as they continue to add on weakness through the ongoing anti-trust litigation and are not considering selling for years to come, beyond 2005, 2010. You mention CSCO... never will he sell, says he, never until it's time to retire...AOL, same thing. Some have seen the so-so success I've attained and other glory stories we hear about trading in our fashion. And they've heard the bad, losing all daytrading. And they also know the time commitment, the major level of stress involved, It's not for them, and would never consider moving in and out of positions, won't open an online account as the personal touch of a broker is very important. And with you re:the nets, maybe to a lesser degree. No longer as bullish on this sector as before, throwing whatever on the wall to see what sticks ain't gonna happen UNLESS the fever returns. Rather, quality. Heck, I don't own a share of VERT at this moment. Matter of fact, no positions at this time, unless one still considers AOL as an internet play. Jenna, it's been two years this April playing the game at this level, and continue look for ways to develop skills reading books, following certain boards and personalities, and thru your MG....pristine/mg. Been thorugh two major downturns, although first time not as at trader status, though loaded to the hilt with oils in 97 and felt the brutal pain of a severe pullback, as did you. Cut losses and moved on, started the research and made the decision to get more involved with managing my hard earned money, finally got involved in early 98. So yes, managemanet of money, preservation of capital, staying on top of those hard earned bucks is very important. Seems to work the best as opposed to holding and adding on the dips for the long haul. Allows me to sleep(less) a little easier at night. Just saying there's a strong argument to stay the course and to add on dips. Again, as the life cycle of stock ownership continues to dwindle, perhaps dvd will prevail. OT thought I saw a post or two on the topic of movies recently. Have you seen Disney's Tarzan?...Just saw the video, what a fantastic movie! And Phil Collins, fabulous, deserved the Acadamy award.