Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: gizmo&jack who wrote (36723)	12/1/1999 4:29:00 PM
From: westpacific	Read Replies (1) of 108040

G&J - stocks are propelled by emotion, a smart trader knows this and makes good money. Heck look at VONE this week - all emotion, no fundamentals. Prudent to work this in your strategy - preservation of capital is a traders mantra. Y2K is a non-event in my mind but many people will get out of technology to play the safe stategy. Humans always take the safe road rather than take great risks in life. Today - Tokyo Joe and Kim both are building cash positions and they are two traders that are on about 90% of the time. Go with what others are doing and make money, go with only your own feelings and get burned! Some cash is smart business at this point - market was up nice and technology was beaten up again today - ask yourself why.

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