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: Probart who wrote (94752)	4/10/2000 5:10:00 PM
From: If only I'd held	Read Replies (2) of 108040

What a day. Looking at all the things I unloaded first thing this AM to get my IRA to 85% cash, and they are almost all lower. I talked my grandfather into selling out of all his positions today too....from MSFT, to LU, to INTC, MRK etc.... He has had some of these stocks for quite some time and I told him it was time to take his money off the table for a while and wait till the bull comes back. Might even be a few years I told him. Gonna try and talk him into letting me handle some shorts for him. He hates the idea of the use of margin almost as much as I hate the idea of cash sitting around getting 5% money market interest. Sure wish he would have sold MSFT at 105 when I told him to about 9 months ago. Well, at least you guys know why the market tanked today.......me and the old man cashed out.....<gg> Hmmm, that reminds me.....I gotta get him into some NATS.

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