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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (104301)2/23/1999 11:36:00 PM
From: D. Plen  Read Replies (2) | Respond to of 176387
 
Freeus, what you are saying is stay in for the good long haul. I couldn't agree more, and that's basically what I do, but in order to make some pocket change I started buying on margin and trying to surf the earnings release wave. Well this time I bought at 99.25, rode up to the crest, then got dunked coming down. I should have known that there would be a buying op. later on, but the market encourages to follow the leader type behavior.

What I've learned is not to be in a hurry to buy, especially on margin. DELL and most tech stocks present a few incredible buying ops per year. The trick is to wait, and to have the guts to buy when others are selling. You will be rewarded.

I'm sure well see +100 within 2 months. The split will make it easier.

Good investing.
D. Plen



To: freeus who wrote (104301)2/24/1999 12:23:00 AM
From: musea  Read Replies (1) | Respond to of 176387
 
Freeus,

Re: "let your winners run"

I am not really a fan of the "rhythm" method <G> but letting your winners run is the best way IMHO to make real money. I used to think that the thing to do was sell when the winners reached my target price. Then I realized that selling the winners would always cap my gain. Keeping the losers and trying to break even is an even worse policy. The key, I think, is to continually analyze the stocks you own for the "buy more, hold or sell" decision. But the good companies are the ones you have to hold and you need to be ruthless about cutting away the rot (poor performers) before it infects your portfolio.

-musea