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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (11148)12/30/1999 8:24:00 PM
From: Rich1  Read Replies (1) of 63513
 
I was 50% cash for over a year. Got back in November 1. got fully invested IRA and 401K up over 55% since then.
Regular account up 35% including the 40K lost trading SPU's.
The bottom line if I was buy and hold using PnF I probably would be up twice as much. I have found religion in PnF. It actually makes sense to me. I use it combined with ideas I pick up on threads. Also like Tom Dorsey, George Gilder .
He came out with NOVL last week all of sudden its on fire.
Yes I think the market has got the rate hike and Y2K all factored in.
Come Jan 1,2000 401K's start all over again for higher wage earners. I think a lot people will wait before selling to lock in year 2000 profits. Greed factor.
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