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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (24014)4/14/2000 9:13:00 PM
From: Rande Is  Read Replies (2) of 57584
 
I enjoyed your comments as always, Spirit. I hope you are right about Monday. We could all use a break from the pressure. Cash was certainly king. The best of my Dow holdings and value plays were also down. . .and I was pretty heavy in banks. . .so that may have hurt more so than techs.

But one bet I would not take . . . is that after all this volatility. . .the market would fail to bounce. I would think the odds against that happening in modern times are pretty great.

And if that is the case, then it is just a simple waiting game. . .before any lost gains reappear. So today I sold some 3-letter stocks that weren't holding up under pressure. . . but I averaged down on my strong bouncers and solid stocks. . .and picked up a few bargains to boot.

Since then, I have made a want list of bargains here. . . but I'll need another sheet of paper to finish it. <g>

Rande Is
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