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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains) -- Ignore unavailable to you. Want to Upgrade?

To: Papillon who wrote (113)	2/26/1998 6:58:00 PM
From: Don S.Boller	Respond to of 135

John: DON'T TELL DAD............................................ that you're advising to sell a stock at $47 hoping to buy back at $41 - 42..........I'm like your Dad, probably near the same age - 62 in August. I think we should TRY and buy stocks for an 18 month holding (at minimum for tax purposes) at least. "We" would tend to agree with Warren Buffett - the really big money is made in long term positions (not IMHO in scalping 5 - 6 pts.) For fun - go back just 5 years and buy $5,000 worth of MSFT at the HIGH price for the YEAR. Now tell me - do you know ANY TRADER that has made that kind of money (counting all his/her taxes, commissions, etc.)????????? My Best to you (Hawkeye). Say Hi to Dad for me. Don