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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (15410)12/31/1997 6:50:00 PM
From: Sonny McWilliams  Respond to of 27012
 
John, I will check it. But I think I figured it out. I know you forgot a period. If not I would have sent you my accounts to manage. gg.

Your strategy is very good. I have done this with my trading stocks and that has kept my head over water this year. It's that long term investing style in the techs that got to me this year. Did you listen to Al Frank this morning? He always has a 2 to 5 year holding period and has one of the best records. I try very hard to limit my losses but in APMs case I kept going with the PE and was too stubborn to see the writing on the wall. I went from 80% profit (margin) in my regular portfolio into the teens since early October. Oh well, another year another dollar. gg. Those techs will come back evtl. Ummm.

Sonny



To: Captain Jack who wrote (15410)12/31/1997 6:59:00 PM
From: Sonny McWilliams  Respond to of 27012
 
John, read it and I figured right and I would still be jealous if it were not New Years Eve. One of my worst performances in years considering how good it had looked in September. I actually did fine in the majority of my stocks but Intel has been holding me down this year. It would look even worse if I had not sold 1000 warrants in Oct.

I have been waiting to buy those shares back but I see no hurry now especially after today. I will wait for the Jan.effect to kick in.

Sonny