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August 20, 2003
Netflix cont'd
Well, Netflix is up more than 2 points since I sold yesterday which would have been $1000+. I am going to have to learn to not be bothered by things like this if I am going to keep with my current investment plan (relatively short-term trading - not just buy and hold for years). The hope is that at least I would be equally happy if it dropped 2 points after I get out as unhappy if it goes up 2 points but I have a feeling this isn't true.
Just picked up at the library a biography of Buffett and one of Peter Lynch's books. Definitely plan to read them and wonder if that will affect my plans.
Update: and now the next day it's up ANOTHER two points. I am seriously reconsidering (not just based on this) bailing on this short-term trading plan and going for the long haul. The tax implications are much better too that way of course.
Posted by aarondf at August 20, 2003 03:13 PM
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