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To: Robert Rose who wrote (117795)2/14/2001 11:16:55 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Robert i think if one is well diversified into different sectors it'll give you peace of mind and a less urge to sell for short term profits. I have a number of stocks that at times may began another leg up i'll add to them then cut back for profit. I usually don't like to sell until i think the stock is fully valued or close to the end of its cycle run. Some stocks you can hold for many yrs and feel comfortable about. I was stop out of Yhoo at 98 this yr. I bought serval times on yhoo again. I think Yhoo is holding up well considering the market and negative sentiment. Right now i think the techs will rally some here so my allocation might go up some here near term and will move back into defensive position. Taxes are a reality everyone has to pay i was hoping to hold on till the first of this yr. I'm glad i didn't hold my tech stocks i would of lost all my profit and more. I say pay the damn taxes you can always buy another stock.



To: Robert Rose who wrote (117795)2/14/2001 11:20:36 PM
From: Mark Fowler  Respond to of 164684
 
thestreet.com

Short-Covering Is Behind Many Stock Spikes