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Strategies & Market Trends : Rande Is . . . HOME

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To: DlphcOracl who wrote (13592)	10/18/1999 1:19:00 PM
From: American Spirit	Read Replies (1) of 57584

Should have waited on LU. Now below 56. Got some UIS at 23. Resisting fear and panic and trying to buy judiciously into this dump. This could all recover in a matter of days. The CPI report may not be great but a bad one is already being priced into this market. And I'm seeing bargains I haven't seen in a long time. Try to pick stocks which don't seem to be able to get any worse. Of course you never know. Just have to trust your gut. Remember that many millionaires were made last October by those who bought and held. The only money lost was by those who took their write-offs in the middle of the big dump. If you do want any dogs though, it's a nice time to take tax losses and switch into better stocks because even the strongest stocks all beginning to look cheap here. Wish I had more cash.

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