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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (7466)9/6/2001 8:12:28 AM
From: MetalTrader  Respond to of 23153
 
believe me, there are plenty who bought in 2000 and are holding on to good companies. Corning, Amazon, Nortel. Don't forget the prices got there by somebody buying. Considering the wailing one hears about analysts, one has to assume somebody was paying attention to them. I had more than a few shares of "good" stocks held too long because a respected analyst had a strong buy on them. The only differce between me and others, is I don't EVER think it's too late to sell. Selling is by nature an act of capital preservation. Even if one buys back into the same stock later at a higher price I would not consider it a "bad" trade if there were good reasons to sell (uncertainty being one) and good reasons to buy back in.

mt