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To: edamo who wrote (109956)3/17/1999 5:42:00 PM
From: BBG  Respond to of 176387
 
SmartMoney.com gave the following for todays decline in DELL...

Dell Computer stock fell on word that insiders registered to sell 736,448 shares. Dell's chief financial officer, Thomas Meredith, plans to sell 200,000 shares and vice president Thomas Green filed to sell 192,000 shares. Two other executives also filed to sell shares. On Tuesday, Dell said its online electronics store, gigabuys.com, will link to Amazon.com (AMZN) in order to get more traffic.

BBG



To: edamo who wrote (109956)3/17/1999 5:42:00 PM
From: Hector  Read Replies (3) | Respond to of 176387
 
edamo,

re: market timers never match long term hold

Sure they do. Take a look at 1966-1982. Yes, the last 16 years have been a buy and holder's dream. IMO, we're heading back to market timing.

BTW, I seem to recall that back in the late 1970's and early 1980's, when I used to audit large nonprofit organizations, their boards of trustees wouldn't hear of investing in stocks. Back then, they all knew that CD's outperformed stocks. Why, because their recent memory of the prior 15 years was that buy and hold didn't work. The buy and holders of that era had nothing to show for their efforts.

Please don't tell me it's different now because of technology, etc. Some things never change and that's human psychology. The time to be fully invested is when everyone's running scared. Now, I've got most of the wives of my clients daytrading the market. What does that tell you?