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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Patrick E.McDaniel who wrote (169524)5/5/2002 1:36:11 PM
From: OLDTRADER  Respond to of 176387
 
Powerful forces are trying to knock this market ---when you scrape all the $$ into one pile-mutual funds-- instead of a zillion separate accounts as in previous times-and they (youthful overpaid arrogant mutual fund/hedge/regular type-managers)-all want to buy your stock on the cheap it gets scary but there could be hope where it is least expected-DELL reports in 10 days-the option stuff is all out.Heagelian philosophy says countervailing forces build up to cause reactions in the opposite directions-etc.Who knows-



To: Patrick E.McDaniel who wrote (169524)5/5/2002 1:43:08 PM
From: mepci  Respond to of 176387
 
Patrick: Investment is not blind adherence to a single principle. Buy and hold comes from the need to emphasize discipline. If you don't know any better way, buy and hold is the single best principle. But like Berkshire, you still need to select when and what to buy and when to sell. Trigger happy selling is what should be avoided.
The main reason stock prices are still staying at high p/es is same as that for Real Estate. Good properties are scarce in supply. But the biggest money makers are good traders. At the same time I ain't complaining when my neighborhood properties doubled in value in 6 years.