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

To: Yaacov who wrote (37460)	11/5/2000 3:01:00 PM
From: JC Jaros	Read Replies (2) \| Respond to of 64865

Yaacov- Maybe it's the sulphur they put on the grapes. Anytime you have money in an equity, you're 'depriving yourself of cash'. Conversely, when you have cash, you're depriving yourself of equity. --- I, and others here are up like x20 with SUNW over 4 years. If we would have not rigidly 'stuck to dogma' and sold every 10-30% and tried timing back in on dips, we would be nowhere near those gains. --- Charles has a great knack for picking SUNW entry points; for averaging in. Charles, though wouldn't be up even half what he is now by timing out and in. I don't think he'd even be up x5 (25% of ltb&h return). And that doesn't even speak to TAXES! --- You are fortunate to not have to pay taxes on your gains. We (the IMF patrons <g>), have to pay TAXES on gains. --- You may have done better than ltb&h since July. It's a sure bet that you won't come close to that return in *any term resembling 'the long run'. -JCJ

To: Yaacov who wrote (37460)	11/5/2000 6:50:07 PM
From: JDN	Read Replies (1) \| Respond to of 64865

Dear Yaacov: In essence what your are talking about is market timing. I think it takes a special person to be able to successfully do that. For one thing you got to have an IRON WILL and many of us just dont have that. I am not knocking your success, (I never knock success). But for me, its much easier to find companies I am comfortable with and ride their horse until it begins to tire. I do think its wise to have some mental stops in place so as to not lose big AS I JUST DID ON WCOM when for whatever reason a stock turns really sour. JDN