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To: DOUG H who wrote (3922)8/19/2000 9:23:51 AM
From: Boplicity  Respond to of 13572
 
Say that to Tim it's his he sculpted it had it cast. I got one that I stole from kids on my desk, they are very cool.

Greg



To: DOUG H who wrote (3922)8/19/2000 9:32:26 AM
From: Sig  Read Replies (3) | Respond to of 13572
 
<<<After watching DELL, Q, MSFT, now CSCO take naps, we're gonna start calling them "bellweather de jour".>>>
You may as well add the rest too, aol,yhoo, etc
(sometimes I feel they want every %^$&& nickel back that was made in those stocks)
After reviewing my numerous mistakes over the last few years and the shortage of buy-and hold stocks of today I am
inlined to believe that rotation is almost mandatory to get good gains.
Not quite like the fast rotation heard about on CNBS,
oils-airlines, cyclicals,- but a longer rotation of months or years. More like the Warren Buffet style, to identify a turning point in in the company or industry.
Diversification would avoid some of the pain of having a major holding tank, but leads to average returns and total
diversification as per a major fund leads to returns of less than the S+P.
Two things difficult actions seem to be required,
one is leaving a mo-mo stock on the way up and forgetting about the potential future gains, and the other is to find enough confidence in an unfamiliar stock to put some real money in it.

I have maybe three stocks that haven't tanked yet and
may take some action to avoid a fall. In retrospect, I can now see several warning signs why Dell stock price leveled? off(hehe) and the same with Qcom. Bears who produce a new or repetitious argument every day are no help, they just confuse the decision making process. And you have to tolerate or ignore their verbal abuse as a holding moves up in price for years at a time. P/E BS, for example.
The P/E on yahoo has dropped from 1700 about 375 before one can say Jack Robinson or Gregory Mullineaux.
Regards
Sig