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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (3894)9/27/2001 5:26:52 PM
From: Sig  Read Replies (3) | Respond to of 13815
 
<< Got Half a Century...?>>
Nope: And this continual waiting for a recovery is no longer in my book. Because it makes the weeks fly by too fast, and I'm going to put a stop to that by doing many things that take only a day or so, or even a few hours fishing in peace and quiet without analysts words ringing in my ears.
I gave up on the major techs many moons ago, despite their potential -intc-csco-msft-orcl emc et all.Thats
because we know people do not change and each day the nearly 30 analysts who cover each of those will be giving their miserable new estimates, right or wrong, buy-sell-buy And you can do a far better job than they can.
I am very happy at this moment, did not get killed and could have, have some defence stuff,,Atpx, ATK, and lots of Geac up 95% and saving my butt, and am still rebuilding portfolio slowly.
The mistake I will be making is still being too diversified with even 12 stocks, and should concentrate a bit more on just a few. I tend venture down little trod pathways in the market, and my luck has held firm despite
some crumbling of overall confidence in past concepts which would have included the "fact" that the market
will always go higher which is something you question also. .
Buy the stock, not the market.
I know you have read most of the posters on Dell SI, Rudedog, Meathead, Donnie, Kemble, Oldtrader,
Dorrine, Kelly, Koligman, Yaccov, Van Wyck , Jbn. Pat etc and there is a lot to learn from them other than just
Dell facts. We learn even from the fact that some have stopped posting !
Of all, the most successful I know in their personal lives from the opportunities Dell presented are Donnie and a Mr and Mrs S of Arkansas
Mr S converted all of his Walmart into Dell in 1997 and kept it.Four years later they are still working ready to retire, healthier than I've ever seen them, with money and independence they never dreamed of, exercising, and bought a farm. Specifically, out of the rat race and money chase with new and better goals to achieve.
My very best friend since 1948, is now 80 and in deep trouble physically. He has a surplus 1$mm home in Ca.
besides his ranch, and despite the fun of investing am sure that most important thing in his life is that he has a
40 year old wife and a 6 year old daughter that will inherit and continue his name.
Best of luck
Sig