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To: Sig who wrote (12363)2/20/2004 3:34:07 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<Leaving money in the market is like letting a neighbor take care of you house when you are on vacation.
>>

I certainly wont complain about my gains in 2003....anything better then 100% in a year is excellent, and I exceeded that mark. However, had I not been so quick to take profits at 100%, my 2003 gains would have been astronomical. In other words, I would have been far better off holding, rather then trying to time the next tanking and being quick to take profits. Most everything I sold after 100% is now FAR higher and unless we revisit old lows, I doubt I will be able to buy nxtl at $5, fdry at $6, ATML at .50, AMZN at $9, Yahoo at $10 and etc, etc, etc, etc.........so, best bet for 2003 would have been to just sit tight and hold, not try to time the market by constantly selling on every pop. What will 2004 bring? I have no idea...I am fairly well diversified and have cash to use, so for right now, I am in a wait mode, looking for the right stocks and right time to buy....big key is if dow can hold 10k and naz 2k, and stay above those levels...if not, it could be a big % drop.......What I'd like to see is us flatline a bit, but hold those key levels. Something to show that those support levels are solid......then need to figure out what to buy.....so, why don't folks throw out some opinions on what stocks they like for 2004 and why......BEAS seeing nice pop today....I haven't even looked to see why......my worst performing stock of 2003 = MSFT. But, I'll still hold the few shares I have left