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


To: edamo who wrote (109967)3/17/1999 6:46:00 PM
From: Hector  Read Replies (2) | Respond to of 176387
 
edamo,

<<i've been in the market since the sixties>>

Same here!

<<re the cd holders you refer to better off than the long term buyers of ko,gm,t,ibm,who bought same in the bad years that you allude to...i don't think so>>

No. I wasn't suggesting that they were better off, but that their experience was such that they believed that stocks were too risky and buy and hold didn't work. We now have the opposite belief by a far larger proportion of the population than ever before.

As far as proof goes, market timing goes in and out of favor, just like buy and hold. The last 16 have been buy and hold. I believe the next 10 will be market timing and I don't mean daytrading.



To: edamo who wrote (109967)3/17/1999 6:51:00 PM
From: Mark Peterson CPA  Read Replies (2) | Respond to of 176387
 
OT

Ed, I feel 27, but I must be older than you. I remember when 3M shares in the market was a big day. By the way, the "Brought to you by Dell" chandallier looks golden....and my CMGI position has come home - a 2fer. Phewwwww! Up over 20 in aftermarket....

BTW, most fund managers weren't around in 1987 and have experienced nothing remotely similar to....a....say... our life experiences. Most could have done as well just by tacking up a page of Investors Business Daily, throwing darts, and then placing the orders. I fondly remember the lesson given me in 1987:

Question: "Do you know what it takes to make a small fortune on Wall Street?"

Answer: "A large fortune!"

I can't begin to tell you how much I enjoy reading your posts.

Best regards,

Mark A. Peterson