| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 219.1 | Brokers | STAR::BOUCHARD | The enemy is wise | Wed Jun 10 1992 03:12 | 5 |
| Brokers can in many different flavors. A "Full Service" broker will
offer you advice on how to invest, but will cost more than a "Discount
Broker". Assuming you just want them to hold onto and eventually sell
your DEC stock then I'd go with a discount broker; this conference
should contain multiple pointers to various brokers.
|
| 219.2 | | SDSVAX::SWEENEY | Patrick Sweeney in New York | Wed Jun 10 1992 03:18 | 8 |
| You can take physical possession of the stock. You can deposit the
stock in a brokerage account.
When you sell stock, you typically pay a commission. That is because
the broker facilitates the transaction.
You are allowed to sell the stock to anyone at any price without a
broker. Of course, you are still liable for any capital gains.
|
| 219.3 | Best Day to Sell? | SUPER::HARRIS | | Thu Nov 09 1995 17:15 | 5 |
| Is there a, historically, "best day" to sell? With the one-day
delay between putting in your sell order of Digital stock, and the
actual sale, I'm wondering if the market tends to do better on,
say a Monday, mid-week, or Friday...
|
| 219.4 | Fridays good; Mondays bad | ASDG::HORTON | paving the info highway | Thu Nov 09 1995 17:29 | 14 |
| Norman Fosback, author of "Stock Market Logic" and the editor
of several financial advisory newsletters, goes into great
detail about which days of the week or month are best for
buying and selling. As I recall, on average stocks do better
on Fridays and worse on Mondays.
Also, Fosback discovered a beginning-of-the-month upward trend that
forms the basis of his "seasonality" strategy: buy stock on the next
to last trading day of each month, then sell on the fourth trading
day of the new month; keep your cash in a money market fund or T-bills
the rest of the time. In addition there is a pre-holiday component
to the strategy. Read his book for details and historical record.
-Jerry
|
| 219.5 | Wrong conference | VAXCPU::michaud | Jeff Michaud - ObjectBroker | Thu Nov 09 1995 17:30 | 9 |
| > Is there a, historically, "best day" to sell? With the one-day
> delay between putting in your sell order of Digital stock, and the
> actual sale, I'm wondering if the market tends to do better on,
> say a Monday, mid-week, or Friday...
You are asking specificaly about the ESPP! This is the wrong
conference! You want the Digital_Investing conference where
this topic in relationship to the ESPP has been discussed
to death .......
|
| 219.6 | Curious about the entire market | SUPER::HARRIS | | Mon Nov 20 1995 16:11 | 11 |
| >> You are asking specificaly about the ESPP! This is the wrong
>> conference! You want the Digital_Investing conference where
>> this topic in relationship to the ESPP has been discussed
>> to death .......
I thought about asking there... then I decided that I was really
more curious as to whether the entire market had a "best" day.
The fact that currently I only happen to own DEC stock wasn't
that significant.
Peggy
|
| 219.7 | | VAXCPU::michaud | Jeff Michaud - ObjectBroker | Mon Nov 20 1995 17:45 | 15 |
| > I thought about asking there... then I decided that I was really
> more curious as to whether the entire market had a "best" day.
> The fact that currently I only happen to own DEC stock wasn't
> that significant.
But that's not the way you worded your question! Ie. you wrote:
> Is there a, historically, "best day" to sell? With the one-day
> delay between putting in your sell order of Digital stock, and the
> actual sale, I'm wondering if the market tends to do better on,
> say a Monday, mid-week, or Friday...
This specfically refers to Digital. You did not ask about the
market in general. However if you are now changing your question
maybe you'll get an answer ...
|