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To: 16yearcycle who wrote (4643)1/6/2001 1:50:01 AM
From: Libbyt  Read Replies (1) | Respond to of 57684
 
>and in the spirit of your note.... it is keeping me in my longs a little easier.<

Hi Gene,

I think it's great if you are shorting stocks and you're and doing well. The point I was trying to make was that there is not just one correct way to make money in this market....and choosing to be a buy and hold investor is a choice that some make because they have other interests, obligations, or priorities with their time. Some people enjoy "the game" of shorting stocks, and moving in and out of positions, and financially they do very well with this strategy.

With some stocks I am a long term investor...and I really do have the stock certificates in a safe deposit box. At other times I have been very active in trading...and have bought and sold various positions. (My Schwab Signature Team sent me a Christmas card...so I guess they think I'm an "active trader". LOL!) When I am actively trading, I need to think of the market as "a game"...and if I find myself becoming too emotional, then I know that something is "out of focus". Usually, I am putting too much pressure on myself to meet certain goals...and then I know I need to take a break, and spend more time playing tennis!

No matter how we decide to invest or trade in this market, the main thing IMO is to stay focused on what is really important in life...and I would think most of us would agree it is not the size of our portfolios.

Libbyt