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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (8726)1/5/1998 11:13:00 AM
From: paul e thomas  Read Replies (1) | Respond to of 13949
 
I urge you to put on a hat of an institutional investor rather than an individual investor their buying and selling volume will dominate the price movement. I don't know the answer to the penumbra " when will the institutional investors sell?". I as an individual investor am willing to sacrifice some missed additional profit $ to guard against losing substantial inhand gains once I achieve the profit goals I have set for myself.In mid 1995 I had made as much in technology and health care stocks as I made in 1997 in Y2K stocks. I got so sure I knew what I was doing I lost perspective that what goes up can come down.By mid 1996 I lost all my 1995 profits and everything else I had made from 1992-1994.In November 1997 my Y2K portfolio dropped 150,000$ in one month.I am a strong believer in IMRS. I just don't want to get too greedy and regret it later on.