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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: GalSal who wrote (1193)4/20/1999 7:18:00 AM
From: DlphcOracl  Read Replies (1) | Respond to of 4337
 
GalSal: Let me save you a lot of money and grief.

With regard to your post above, DON'T TRY IT!. Timing has to be perfect TWICE, once on the sell side and once on the buy side. We've already seen the bulk of the internet correction and you'll be selling near the bottom and then paying Uncle Sam a good part of what little profit you have remaining. Towel off your sweaty palms, LEAVE YOUR INTERNET STOCKS ALONE (at this point, anyway) and wait for the inevitable bounce back, which will be nearly as rapid and sharp as the descent. How do I know? Been there, done that (and deeply regretted it when I filed my tax return this year!).