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To: pater tenebrarum who wrote (107009)6/6/2001 5:59:54 PM
From: RocketMan  Read Replies (2) | Respond to of 436258
 
Not only that, but LU was considered an LTBH kind of stock by most investors. I read recently that only 1/3 of S&P 500 companies make it in the long run, long run being 10-20 years, the rest fall off and are replaced. That makes LTBH a 33% strategy at best. Of course, when investors say LTBH today they mean hold for 3 months and take your losses.



To: pater tenebrarum who wrote (107009)6/6/2001 6:06:07 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
the action I got from that one in Jan of 2000 was lovely ... you've convinced me I need GE puts <ng>


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