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To: Copeland who wrote (19650)2/15/1999 11:11:00 AM
From: Lucretius  Respond to of 86076
 
I told ya, I invest for the L-T. I like to buy and hold at the bottom. When people look back at the gold stocks they bailed out of in Novemeber, they will weep. Just as those who bought GE in 1982 and later sold in 1983 or in 1986, 1993, 1997... etc wept that they sold too soon.

The sad truth is that when the majority is trading something... it should be held, and when the majority is "holding for the L-T", it should be SOLD or traded. Thus is the perverse nature of mkts.



To: Copeland who wrote (19650)2/15/1999 11:15:00 AM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
the end of the Japanese fiscal year is the end of March..they have to balance their books at that time or go bankrupt.