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To: Jerry Rockwell who wrote (2569)4/23/1999 1:58:00 AM
From: SCOTT HEIMAN  Read Replies (1) | Respond to of 13157
 
To All:
This post raises an interesting question: Why do people buy and sell stock? I believe people buy stock for only one reason: To make money! But people sell stocks for many reasons: To realize a profit, they believe it's fully valued, they fear loss, they have other more pressing commitments, other more lucrative opportunities, they have a margin call to meet, its the third Friday on the the seventh month and the planets are in the proper alignment, they are very smart, or they are very stupid. See my point? Rather than concerning ourselves with who is selling, why not focus on who is buying? Every trade has two sides, why not focus on the side that shares our same objective(making money)?
Just a thought...

Long and Strong,
Scott



To: Jerry Rockwell who wrote (2569)4/23/1999 5:57:00 AM
From: Magic212  Read Replies (1) | Respond to of 13157
 
Jerry,

Great advice.

Would you post the link to that Motley Fool story?

Thanks,
Leslie