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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (130479)6/2/1999 1:45:00 PM
From: edamo  Read Replies (3) | Respond to of 176387
 
freeus...re "two years of active investing"

what would you do if you lived through a truly bad market.....
buy and hold, always, yes always outperforms attempts at market timing...you speak now of learning point and figure charting, buying puts and shorting...you are a bit out of synch...the key to accruing long term wealth is not to diminish capital,or changing direction and attempting to follow the short term vagaries of the market...freeze a point in time...what was your portfolio worth on 10/9/98, or 10/28/97....did you buy on these days? did you expand margin on these market bottom days?...or did you access margin as portfolio grew and topped out....?..if you are an "active investor"...you will fail yourself and your capital if you don't acquire an iron stomach...think it through...if you are set on market timing, selling now is not the appropriate move...remember buy low sell high, buy high, sell higher...never, ever lose money....if the fundamentals are intact, don't allow mr market to bring you down...good luck, patience..unless you need the money to put food on the table! ed a.



To: freeus who wrote (130479)6/2/1999 2:10:00 PM
From: Thomas Higgins  Read Replies (2) | Respond to of 176387
 
Freeus, don't feel alone. I sold 2/3 of my Dell @ around $40. I thought it couldn't be wrong to take a profit on my investment. I planned to make a few bucks on four stocks that I wanted to own, but didn't have the cash (all tied up in Dell), then buy back in @ $30 which is where I thought the big boys were going to drive it down to. Unfortunately, every stock that I purchased with my Dell profits has bombed out also. So here I am. I have 1/3 (500) of my former Dell shares and four other stocks that have pooped out on me (CSCO, MSFT, QWST, SCH). I should have held on. I hadn't made any money in 4-5 months and just got the bug to trade. I may come out alright, because I needed to diversify, but selling my Dell made me sick. Lets hope we learn.



To: freeus who wrote (130479)6/3/1999 11:55:00 AM
From: jenghis khan  Read Replies (1) | Respond to of 176387
 
Hi Freeus, how y'all durn - Guess what, my stomach which is where my heart is got the better of me - I toasted my NN which I bot back having sold my Dell and NN at a profit, but didnt sell my Dell which I was thinking about at the same time - shuda gone with my gut feeling but held it cuz Molly was holding it and didnt want her to think I bailed out having supported her decision to buy it - she was hoping to make a relatively quick profit to bring down her margin on Intel which we both own. My hitech broker still likes MSFT, Intel which I still hold with him, and he likes CSCO and WCOM as well - those are the only stocks he holds himself.

Am thinking about averaging down on the Dell now?????

Jenghis

PS - still working on my taxes and have to do my wife's yet too so havent had much time on the thread!!!