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To: D.B. Cooper who wrote (10859)6/26/2003 1:25:32 AM
From: Sig  Respond to of 13815
 
One aspect of the new market that makes it harder to profit from buy and hold:
Too many funds, too many brokers, too many investment letters, tracking funds, e-minis ,and continous TV coverage of markets.
The result is 22mm shares and up traded per day on several big popular stocks, and with all the spreads and fees it relentlessly extracts equity value from the stock. If it were not for new money coming into that stock, it would be dropping each day. And the market volatiliy is such that it is not possible to ascertain from the price whether a stock is becoming a B+H stock.
If there were a true B+H stock then Smart Money should repeat the same advice month after month, buy XXX - instead of going from defense, to oil, to Reits, to retailers, to home builders, to gold.
Dell is a B+H
Sig



To: D.B. Cooper who wrote (10859)6/26/2003 9:28:23 AM
From: Sig  Respond to of 13815
 
Mama dont let your babies grow up to be investors
strawberrylady.com
20 bucks on the foundry and juniper, $10 on yahoo the hard way
Roooooooooooooooooooooooooooll them ivories



To: D.B. Cooper who wrote (10859)6/26/2003 9:50:14 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
RE trading fools:
Did someone call my name?
I got on board AAII today , which someone mentioned on the thread once.
Tomorrow DNA could blow them away, on important fast-track drug news.
For a dumber, Rimm earning did not sit well so i am downa bit on that call.
The Nas is moving beautifully and smoothly, none of that down 2800 overnight we had to look at for a while.
Sig@happytraderranch,com



To: D.B. Cooper who wrote (10859)6/26/2003 10:25:56 PM
From: pbull  Respond to of 13815
 
He he he!!! Well, ya gotta do what ya gotta do, right?
I began the week expecting a dip, we barely got one and the buyers swooped in today. I raised some eyebrows several months ago when I mentioned the airlines, and those stocks have done pretty well this year.
Apparently there are still pockets of decent value in this market. This was a pretty good day for a market that overall looks a little extended. But who knows?
As for the tiny ones, I might play when the traditional October flush comes.

PB