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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Brown who wrote (44045)	3/20/2001 3:49:21 PM
From: Kirk ©	Respond to of 70976

Thanks for being more specific. That's not the answer I heard him give when he was asked that question yesterday. He said if you have a longer term horizon of a year or more that you should just hold the stock. He said if you had a shorter term time horizon of less than a year when the money was needed that their was risk of downside on the share price. The FUNNY thing is you should not own stocks unless you have a time horizon well over a year. 3 to 5 is better for a minimum. Traders and gamblers are about all I know that should buy and sell stocks for the short term. Some of us pretend to be traders here and are more gamblers and there are a few that probably are pretty good at it. I'd say most of us probably made the most of our money buying once and holding forever except to take out occasional profits and buy some back when cheaper trying to hit the extremes. Kirk