Mon, Mar 2, 2015, 12:33 PM EST - U.S. Markets close in 3 hrs 27 mins


% | $
Quotes you view appear here for quick access.

Rockwell Collins Inc. Message Board

  • bbqguy260 bbqguy260 Mar 3, 2008 4:42 PM Flag

    Bend over skeeedadddyy, your holding

    long, way too long! Knowing when to sell is as important as knowing when to buy.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Here is an old tale which teaches when to sell.

      During the Depression, a widow lived on a poor farm with several young children. The oldest was in his early teens. He was tired of eating rabbit he shot, so for Thanksgiving, he decided to trap a wild turkey. He set up a box with a stick, and a string to pull when a turkey walked in. He ran a bunch of corn around the area.

      Hiding not far away, he waited. Along came 7 turkeys, and one walked in, with another one close behind. So, he waited, and the second walked in, with a third one not far behind. He waited, and they kept walking in, one at a time, until 6 of the 7 were there.

      He waited for the 7th, but #6 walked out. He decided he couldn't settle for only 5, so he waited for #6 to return, but #5 walked out.

      Again, he waited for #5 to return, but #4 walked out.

      To shorten this story, the family ate rabbit for Thanksgiving.

      That is what a lot of investors, I mean speculators, do.

90.56+1.48(+1.66%)12:33 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.