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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?


To: Whiskey who wrote (557)5/7/1998 12:46:00 PM
From: freeus  Read Replies (1) | Respond to of 2222
 
Thanks Whiskey,
I'm a little discouraged today. I always seem to buy and sell at the wrong time. Perhaps I'll be better at it when I have more time, I dont know. I know that when many people are doubling their money in a year I'm lucky to make 30% in "the mother of all bull markets". What will happen to me when the market is down?
I have fairly good instincts but dont follow them enough, and react rather than act e.g. knew to buy chysler yesterday at the announcement (when it was 47) but didnt buy until today when it was 53 so it promptly went down (along with many other things I admit) to 52. I figured out from Daimler's price that C is actually worth at least 58 so I'm not worried, even though its a short term hold for me. But thats just an example of my incompetence. Yet I have to do it myself, I dont want to have some broker doing it for me. Friends have done both better and worse with brokers and I'd rather know it was me that did whatever was done.
If you know what I mean.
Freeus
I'm not sure I'll keep all the Disney long term, but might, at least through the summer when I expect huge profits on the two movies coming out. Also their marketing ploy of only selling videos "for a limited time" makes more people buy than might have otherwise. Very clever.