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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: olivier asser who wrote (90551)2/2/2005 10:56:15 AM
From: StockDung  Read Replies (1) | Respond to of 122088
 
Oli, getting back to your great call. To tell someone to sell all long tern holdings seems like a very irresponsible
call.

Certain stocks should not have been sold like defensive ones.

Also someone selling long term holdings would be subject to capital gains taxes.

Buying a put would have been a reasonable insurance against stocks owned by someone.

Some type of hedge would have been something a sane person would have done.

To tell someone to sell all long term holdings is something you would expect a daytrader to make.