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

To: Sonny McWilliams who wrote (23581)	5/4/1999 8:38:00 PM
From: musea	Read Replies (1) \| Respond to of 27012

Sonny, The long haul is all I can understand. My poor brain is easily confused by short-term blips, so I only invest for the long term. The key for me has been to get in on the high-growth companies early enough in their life cycle and weather the ups and downs. I continually search for such companies and I was pretty sure that AOL fit the profile when I bought. Like you, I sell off some of the ones that have done very well over time to reduce their weighting in my portfolio. The DOW seems to have little relation to the stocks I own, even though I own some DOW components. The DOW hits incredible highs while my stocks take a breather. I think that the DOW probably doesn't really represent a properly-weighted cross-section of U.S. industry any more. The cyclicals carry a bit more weight than I'd like to see in a broad index. However, if the DOW does get to 41,000 then I bet my stocks will have done very well :-). Ten years is a long time, though. Perhaps we'll live on neighboring islands by then! Ha, ha. Today's stock action was pretty disappointing, although not unexpected after yesterday's record run. I'd like to see the market string together a couple of up days for the NAZ. We seem to be one day up, a couple of days down. Keeps me interested in the market instead of just fat, dumb and happy. -musea