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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: lee kramer who wrote (93225)4/13/2000 5:09:00 PM
From: Doug Robinson  Read Replies (3) of 120523
 
Lee, the vast majority of buy siders should be holding on to their cash and reading IBD. They have been right on the money so far. I recommend their no BS approach.

Those that are really active in the market during times like this don't have the time to do anything but follow the market very closely. There are very few that can be long, short, in and out of stocks throughout the day. Those that do, don't have the time to do anything else since they are watching the market like a hawk. Walk away or take a moment to review or post on these boards and before you know it, you've missed an opportunity or you've gotten wacked by not paying attention.

For most, they should be sitting on their cash and patiently waiting to take advantage of the great prices that many securities will be offering once the sell off is over.

BTW, Tom Costello just indicated that if the Nasdaq goes through 3600 it might go to 3500. More "pearls of wisdom" from CNBC.
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