Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ditchdigger who wrote (15323)	5/1/1999 8:31:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

DD, all I said is that there's something to be said about buy and hold. It takes the right stock and a careful watch on sector rotation but you certainly can't beat the performance potential of daytrading. Bombardier perfomed a little bit better than you think over the past year. In Jan '98 it was at 14, April '98 at 18. At its current price, it's about a 30% gain for the year including dividends. Take a look at Bombardier's 5 yr. chart. finance.yahoo.com I think that the case that internet trading and the easy access to information works against holding a stock holds true only as long as that information can be converted into quick cash. It's the old risk/reward ratio. The scale has been shifting more to the risk side of late (imo). If we're going to go with a cyclical stock to watch, let's keep a focus on LAF since I own it anyway. I don't think that this stock has run out of steam yet. techstocks.com You're stepping back into the plate on the high techs? Hmmmm.... I am still cautious, although I do have a position in AOL. Have you been keeping up with the MP3 arena? Microsoft and Real Networks are joining in. It looks like MP3 is a new growth industry. AS