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Pastimes : Rules We Can Learn From -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (38)	4/26/1998 12:08:00 PM
From: bw	Respond to of 109

A very successful investor in the stock markets was asked the secret of his success. His reply, "I always sold too soon". I personally follow this advice, and am learning to use impatience as a virtue, in not getting too greedy...Usually only hold stocks for a max. of 48 hrs. This way it is also easier to keep a more positive mental outlook...with the opportunity to start over from scratch each day. These days of low commissions and high volatility have changed the individual investor's landscape..It is no longer a game of buy & hold, unless one has nerves of steel.[or a very long term outlook].