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


To: Hector who wrote (109971)3/17/1999 7:00:00 PM
From: edamo  Respond to of 176387
 
david...re: old guys like us...

respect your opinion...the masses always on the wrong side of the trade...and in reality they shouldn't be trading...the best investment technique for "everyman" is buy quality and let it grow...you know as well as i of horror stories, margin calls, poor portfolio management...all caused by unsophisticated investors trying to be uptown....they think the returns will never end...they will, but not for long...longest bear market...less than two years?...look at the indices...never turned down and stayed there...as long as our economy expands so will the equity markets...so why try to time your portfolio...buy and hold...sell options against your holdings...not to time but for incremental income...i try to average 15-18% pa returns...i've had 3% years and 300% years...the volatility and sector rotation makes timing impossible in my mind...rarely will we see a whole market depressed....not like it use to be...it's better..good luck, ed a.



To: Hector who wrote (109971)3/17/1999 9:11:00 PM
From: Norm Tock  Read Replies (2) | Respond to of 176387
 
I just thought I would add to the list of investors who may even be considered "old geezers." I started in 1966. During that time I have been a prudent investor as well as a trader ....not a day trader. I am not finding fault with day trading - if you have the time and resources for it. Because you have such a selection of investors here there is no one way that is right.
Even now, at sixty nine years of age I still enjoy "trading." I retired in nineteen ninety one, and thanks to AMAT I have a home both in Michigan and Florida. So why would I ever sell AMAT? Well I did when it got down in the low twenties. I missed it as it progressed back into the sixties and more.
My purchase of Dell is not to be sold! I consider it and Microsoft to be the IBM and General Motors of the sixties. Wishing you all well in your investing. I'll be lurking here everyday.