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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (36087)	10/4/2000 10:20:01 AM
From: High-Tech East	Read Replies (2) \| Respond to of 64865

Good morning JDN. Things are difficult in equities right now, especially for anyone investing and managing his/her own portfolio. I think it takes some 'guts' to hang in today, even if that means taking no new action at all. <<I don't believe in market timing.>> You have a lot of company. Of all the people I talk investing with, I am the only trader or market timer. Your history of holding, and buying more on dips has worked well for you, which I appreciate. I tend to build large positions in individual companies that I have researched carefully, and to average up as I gain confidence. When I view a stock as fully valued or overpriced, I sell much of it or even all of it. Sometimes I buy it again later. My approach to investing has to do with my undergraduate major in economics many years ago and my voracious reading habits for most anything about business. In these times, I believe the macro and micro economic environment is much more important than individual company fundamentals. Maybe my trading and market timing attempts will lead me to draw the same conclusions as you have, but I am not ready for that yet. I have many years of investing experience, even more than your famous Cramer ... Cramer is an overweight loudmouth who cares nothing about your success only his ability to get recognized I find your attack on Jim Cramer to be emotional, based on pure personal opinion and without foundation or support. When he was a regular on CNBC, I did not care for his personal style, but I have found his writings to be a very different story. I read every column he writes, and I am convinced that he knows what he is talking about. Besides, his recent change to the bear side (around September 1) took a lot of courage, and he has presented both bull and bear sides well. Lastly, I am always trying to learn new and different things. I continue to listen to you and others. Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions. Ken Wilson