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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (15322)5/1/1999 5:40:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Sergio, you know I completely agree about Bombardier,,but, if you bought and held over the last year,you would have made about a Canadian dollar +/- on the price appreciation and a bit of dividends..While I think this is a world class company, it's a damn shame it gets no respect(hopefully that is changing).Which brings us to the subject of the buy and hold strategy.It's my feeling(and I certainly can be wrong), that the days of buy and hold have gone by the wayside,with the advent of online trading, rapid exchange of information and low commisions(now if they'd dump the wash rule I'd be happy<g>)..IMO, it is a brave, new, volatile world out there<g>, and at times,cash is king.What say ye? Alcoa(AA) ,or any one of the OSX stocks are prime examples.We'll keep an eye on AA, I say now is the time to sell,of course these are cyclical stocks... DD
PS: moved back heavy into JAGTX..;^)