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Strategies & Market Trends : Take the Money and Run

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To: Libbyt who wrote (1666)6/4/2002 3:17:20 AM
From: Jorj X Mckie  Read Replies (2) of 17639
 
I expect it to be soon.

You may recall that I have been saying that I am putting together a list of stocks that I want to buy long. I am anticipating a turn very soon and I plan to be there for it.

Mrs. McKie and I were reviewing our strategy today on our drive up from San Diego. She wanted to know if I was going to trade long or do LTBH. I told her "depends". If we have a V-Bottom, I expect these to be short term position trades. If we build a bit of a base, I will hold them long term. When I start to see more sober movement in the stocks that I watch, that is when I will hold for the long term.
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