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Hi StarvingfutureMd,

I agree it is much better to think long-term. One of the valuable aspects of this board was their search for long-term holds. The IBD 100 in my opinion has many companies that have prospects that should allow investors to hold long-term. The downside is that the valuation is so high, that very often you get many short-term shocks. I haven't studied the IBD 100 in a long time. But I expect it is true today too. Still finding stocks that have prospects that stretch for decades should be our goal. Once identified we can buy in stages at better value points.

I also agree if someone buy any company they should try to hold them for at least one year, to benefit from long-term capital gains. I not really quick to cut losers since, I prefer to add to those where the price is falling. However, if a company's fundamentals are deteriorating, I can see selling.

I tend to allocate money slow to new stocks, so I am more likely to hold longer even losers. I seldom sell entire positions.

tom e
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