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Strategies & Market Trends : Rande Is . . . HOME
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To: debby who wrote (23719)4/12/2000 8:12:00 AM
From: Rande Is  Read Replies (3) of 57584
 
Join the gym, Debby. We have entered a summer bear market. . .where you may make a few bucks on a pop now and then, but by and large. . .holding any tech stock could lead to enormous losses. Near-term, many are looking for a pop in techs. . .a breather from the declines. . . but don't hold your breath. This decline is scheduled to be long and slow. . . I've seen people lose more money in the summer than they made in the winter. We ran to REITs and other defensive strategies so that in the dead of summer, we'll still have plenty of money to begin buying our favorite tech stocks. . . .so in a way it is still about techs. . . . its just that things have been put on hold for a while as the market does its correction thing.

Meanwhile, we here at HOME will be undergoing some major changes in the next few months. . . as the market requires less and less of my attention. . . .so stay tuned.

Rande Is
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