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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: musea who wrote (23579)5/4/1999 1:17:00 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
musea. I am in the market for the long haul. I just trade here and there to pay for my margin expenses and trade a bit in those high flying internet cos. But I have never sold 1 sh. of AOL. I bought it at 3 diff. times and will hold on unless I see fundamental changes. That's what I usually say about my long term holdings. Sometimes if my position in 1 stock gets too high and the market looks toppy, then I will sell off some sh. including Intel. It looks to me that you have very good stocks and need not worry about the longer term.

I saw one guy on TV last night, who wrote the book the raging 2000s or something like that, and he moved his target from 20,000+ to 41,000 for the DOW in ten years. Even if he is only half right, the market will be better to us then bonds, the bank or the mattress. If we are still around in 10 years, let's compare. gg.

This rotation has already moved some of those cyclicals up by almost 50%. I will stay with my techs, internets, telecoms, pharmas and some financials. I leave the steel and stuff for smarter people than me.

I just noticed that EMC is taking a hit. I may have to check that one out since I never caught it again after I sold. Hm. Must have had bad earnings or a warning?

Sonny