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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (18316)4/25/2001 12:01:38 AM
From: American Spirit  Read Replies (1) of 37746
 
I believe the Naz and Dow will both retrace about 25% this year. But the real money is in trading undervalued sectors, out of favor bashed stocks as they come back. Even if you miss the timing you will get it back by year's end and a lot more. Pick your favorite dogs. Make sure they have cash. And of yeah, when things go up to fast you can short too. But only as a secondary strategy. It will be riskier to short than go long from now on. Especially those stocks which have been hurt the worst. But no YHOO will not return to 250. Not even 50. But probably 30.
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