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Strategies & Market Trends : Options
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To: YlangYlangBreeze who wrote (6446)4/14/2000 7:42:00 AM
From: Poet  Read Replies (1) of 8096
 
Hi there YYB,

I'm glad you're here, hunkered down with us all. I remember that infamous interview! You make a very good point about PE's and valuation, and it certainly might not be too late to do some DD on the golden oldies like PG (Proctor and Gamble).

One thing this correction has done for me, though, is help me realize my own bent in terms of trading. I'm essentially a momentum tech trader and when the upward momentum is out of tech, I should sideline myself. There's nothing wrong with sitting with some cash and taking a break from the market. There are gardens to tend, friends to visit, community work to do. Life is rich with choices.
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