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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (23191)8/18/2000 6:22:21 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
<<finding that irrational point on both sides of the pendulum is what i largely consider one of the main components of successful investing..>>

Nicely put! That's what I felt last Feb-March in MRVC. UP too far, too fast (irrational). I missed the peak of irrationality by forty points, but I did MUCH better on the irrational selling of MRVC (again too far, too fast DOWN) later in March-April. Again that's where the DD is important.

And to me, that's one of the problems with BUY and HOLD. Too much worry about taxes, and it inhibits sell decisions. How many of you LT types actually pulled the trigger on either end during that period, let alone both?

I consider Myself BUY and HOLD - I just trade many times inbetween instead of just once! <g>

Let me know how the Falcons look this year, the weekly confidence pool will start soon.