SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (83217)12/2/1998 11:35:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
Freeus, re: Shouldn't other stocks be sold when they go down past some support levels?

No! You don't know in advance where a stock is headed, so when Dell dips you don't know whether it is headed south for good, or whether it will once again rise to new heights. Our hindsight is perfect, but our ability to tell the future is extremely limited. (Besides which, there is no such thing as support -- it's one of those pervasive TA myths.) Why would you invest in a company whose value is not expected to increase? If you are a growth investor I would think that your portfolio should be composed only of companies whose long-term business performance is expected to be excellent. I am assuming you are approaching this as an investor, not a trader.

TTFN,
CTC