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

To: Yiren Huang who wrote (21631)	12/1/1998 5:24:00 AM
From: Frank Ellis Morris	Respond to of 27012

>>Sure buy and hold is a proven way of investing in long term stocks. But if you look at the up and down of this market for the recent years, probably it is wise to buy and sell and repeat the cycle with the market. In the end it is the profit that we care about not the emotion to a particular stock<< Ronni, your proposed strategy involves trying to time the market for quick in and outs. I have never know any one who can honestly claim that on a consistent basis they made any money doing this. If you bought Microsoft, Cisco, AOL, or Merck at the high a few years ago, looking at the price of the stock today would you have not been better off just holding them for the long term?? The first half hour of yesterday's trading, Microsoft was at 130 and AOL was at 96. I do not think that anyone saw that by the end of the day these stocks would be down to 122 and 87. Best Wishes Frank