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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Stash who wrote (6565)1/10/1999 2:19:00 PM
From: BarbaraT  Respond to of 90042
 
Stash ... what a sweet response. I don't feel particularly astute, especially when I read how much money people are making in a single day. Sometimes it makes me rash and I jump in, where normally I would fear to tread. But I have found that my slow, small but steady investment in some of the really good blue chips, but downtrodden, has paid off handsomely in the long term. Of course, I have made some huge mistakes by selling off all or half of my positions, since these have kept climbing. But a profit is a profit, so I try not to look back - unless an opportunity presents itself, and then I will go back in. I had mistakenly sold off INTC at 90 (had bought it around 72)... so when it went to 115 and dropped down, I put in an open order around 107 and it filled. Pure luck ... but it sure makes me look like I know what I am doing.

Thanks, again.