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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 (96885)5/10/2000 8:44:00 AM
From: Lane Hall-Witt  Read Replies (1) of 120523
 
Lee: Yes, I see your point on big money and its problem getting out. What I should have said is: "At least we've reached a point where no one seems desperate to get out -- dumping stocks into an illiquid market and taking anything they can get, as happened the first week of April. Right now, we're in a wait-and-see holding pattern, and in time we'll see if the dumping resumes -- or if more buyers come back into the market." I totally agree with you that this is a time for capital preservation. My advice to anyone who'd ask is that if you wake up some day feeling brave, turn off the computer and take a holiday.
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